Helping American Businesses Win Abroad: Strengthening U.S. Commercial Diplomacy

Defense Posture and Global ThreatsHouse Foreign Affairs East Asia and Pacific Subcommittee · 2026-04-15 · 119th Congress
This joint hearing of the House Foreign Affairs Subcommittees on East Asia and the Pacific and on the Middle East and North Africa examined the structure, funding, and effectiveness of the U.S. Begins at 0:04:03
Transcript
Highlights

Title

Reforming U.S. Foreign Commercial Service to Boost American Business Abroad

Purpose

This joint hearing of the House Foreign Affairs Subcommittees on East Asia and the Pacific and on the Middle East and North Africa examined the structure, funding, and effectiveness of the U.S. and Foreign Commercial Service (FCS), which promotes American exports and investment abroad, and considered whether commercial diplomacy functions should be consolidated into the State Department or reformed within the Commerce Department. Members and witnesses discussed proposed budget cuts, staffing shortages, competition with China, and potential legislative reforms as part of a forthcoming Foreign Service Act update. Begins at0:04:03

Who spoke

Chairwoman Young Kim (R-CA)0:04:03: Opened the hearing stating commercial diplomacy "is foreign policy"0:04:45 and called for potentially disruptive restructuring, including possibly moving FCS into the State Department0:06:52 and creating a dedicated commercial diplomacy career track0:07:14.

Rep. Ami Bera (D-CA), Ranking Member0:09:19: Noted FCS operates in over 75 markets covering 92% of world GDP0:10:15, warned the FY2027 budget request cuts $150 million from the Global Markets account0:10:42, and urged FCS take a leading role on AI, infrastructure bidding, and critical minerals0:11:55.

Rep. Mike Lawler (R-NY), Middle East/North Africa Subcommittee Chairman0:13:20: Said Congress must examine whether the economic cone produces the expertise needed to support U.S. businesses0:14:21 and later pressed witnesses on incentive structures, training, and personnel allocation0:34:36.

Rep. Brad Sherman (D-CA), Ranking Member0:15:28: Argued the subcommittee should instead be holding hearings on the war in Iran0:15:390:52:46, raised concerns that commercial diplomacy could be influenced by campaign contributions ("make sure it isn't Chevy because they gave a million dollars")0:16:350:17:05, and criticized slow visa processing for foreign business visitors0:20:03.

Jim Golsen, VP, Center for Corporate Diplomacy, Meridian International Center0:21:46: Invoked Benjamin Joy as America's first commercial diplomat0:21:46, called for updating commercial diplomacy architecture0:22:39, and later said FCS is "not funded adequately"0:54:10 and cited Meridian's Space Diplomacy Forum1:26:17.

Christina Sharkey, Senior Advisor, Edge Partners (former FCS officer)0:24:14: Said FCS assisted more than 33,000 export clients and 10,000 inbound-investment companies in FY2023, with 90% achieving their objectives0:26:28, noted the entire officer corps is smaller than a single State Department incoming class0:27:24, and argued the most realistic path to better resourcing runs through the State Department0:27:51.

Arun Venkataraman, Partner, Covington & Burling LLP (former Asst. Secretary/Director General, FCS)0:29:07: Traced FCS's 1980 separation from State under Carter0:29:38, said officer numbers remain roughly the same as 40 years ago despite China fielding multiples more0:32:36, and argued for reorienting the mission around economic security rather than pure export promotion0:31:49.

Rep. Sheri Biggs (R-SC)1:11:42: Asked whether consolidating commercial diplomacy under a single agency would improve outcomes for small and medium-sized businesses1:12:13, and highlighted foreign investment tied to Trump administration trade policy, including a $1 trillion Japan commitment and a $600 billion Apple investment moving iPhone glass manufacturing to her Kentucky district1:13:26.

Rep. Sheila Cherfilus-McCormick (D-FL)1:17:39: Argued the U.S. is being outplayed in emerging markets like the African Continental Free Trade Area's 1.3 billion consumers1:18:34 and pressed witnesses on whether FCS is equipped to compete with state-backed rivals there1:19:41.

Rep. Johnny Olszewski (D-MD)1:22:47: Tied the hearing to rising consumer costs from tariffs and the Iran conflict1:23:13, and asked about barriers facing U.S. space companies competing internationally, noting China has signed nearly 200 space cooperation agreements with over 50 countries1:25:22.

Rep. Gabe Amo (D-RI) [1:05:48, transcript ~1:05:48–actually 1:05:48]: Criticized Trump tariffs and the Iran conflict for destabilizing markets1:05:48, and asked how FCS decides overseas postings, citing the lack of a dedicated presence in Armenia, routed instead through Ankara1:07:16.

Key moments

Bera stated the administration's FY2027 budget proposes a $150 million cut to the Global Markets account that funds FCS0:10:42, a figure Sherman separately described as a 30% cut0:17:59.

Sherman pressed witnesses on whether any studies exist tracking a "revolving door" between commercial diplomats and companies with overseas business, or whether campaign contributions influence which companies get diplomatic support; all three witnesses indicated no such studies exist0:54:541:23:25.

Sharkey testified FCS assisted 33,000+ export clients and 10,000+ inbound investment companies in FY2023, with 81% of export clients being small/medium businesses and 90% achieving their objectives0:26:28.

Venkataraman said U.S. embassies in South Korea and Colombia have struggled to help American companies (Google Maps blocked in Korea; Coupang fined and executives detained) despite ongoing security/diplomatic relationships, prompting Sherman to question whether State adequately defends companies already doing business abroad0:58:24.

Amo noted the U.S. embassy in Yerevan has no dedicated FCS presence, forcing businesses to be routed through Ankara hundreds of miles away1:07:16.

Sherman and witnesses debated whether commercial diplomacy functions should remain split between Commerce and State or be consolidated into a new, more autonomous trade organization combining Exim Bank, the Trade Development Agency, and FCS1:03:37.

Venkataraman said American companies added to posts in Zambia and Côte d'Ivoire had an "immediate impact," arguing FCS is not present in enough locations due to internal cost structures1:19:57.

Sharkey said she personally left FCS amid recent staff and experienced-officer attrition, calling the resulting loss of institutional knowledge consequential for American businesses0:27:24.

Biggs cited $600 billion in Meta investment and $600 billion from Apple, including glass manufacturing moving to her Kentucky district from China, as evidence of trade-policy effectiveness1:13:26.

Olszewski noted China has roughly 10 times the number of commercial officers at several key posts and has signed nearly 200 space cooperation agreements with over 50 countries as of 20251:25:22.

Metadata

CommitteeHouse Foreign Affairs East Asia and Pacific Subcommittee
Chamber / CongressHouse · 119th Congress
Date2026-04-15
TypeHearing
Witnesses
Mr. Jim Golsen — Vice President, Center for Corporate Diplomacy, Meridian International Center
Ms. Christina Sharkey — Senior Advisor, Edge Partners
Mr. Arun Venkataraman — Partner, Covington & Burling LLP
Videoyoutube
Transcript253 caption blocks · 13,978 words · 1:32:18 runtime
EventCongress.gov 119124