First, it authorizes the fiscal year's 26 and 27 appropriations for the SMC at the levels that are necessary to maintain the integrity of the marketplace through monitoring, enforcement and proper adjudication. Secondly, It also provides the new authorities and direction that the FMC needs to be a vigilant protector for our American shippers. so they can be a more informed regulator, so they can be a more effective guardian against the abuses by the Chinese Communist Party and their partners. (01:37–01:48)
CLAIM
Asserts that the legislation provides new authorities and direction for the FMC.
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