; and (2) the Committee on Financial Services, the Committee on Foreign Affairs, the Committee on Armed Services, and the Permanent Select Committee on Intelligence of the House of Representatives. (f) Modifications to Emerging Technology and Research Advisory Committee (1) In general The Secretary of Commerce shall revise the objectives of the Emerging Technology and Research Advisory Committee, established by the Secretary under the Export Administration Regulations, to include advising the interagency process established under subsection (a) with respect to emerging and foundational technologies. (2) Duties The Secretary— (A) shall revise the duties of the Emerging Technology and Research Advisory Committee to include identifying emerging and foundational technologies that may be developed over a period of 5 years or 10 years; and (B) may revise the duties of the Advisory Committee to include identifying trends in— (i) the ownership by foreign persons and foreign governments of such technologies; (ii) the types of transactions related to such technologies engaged in by foreign persons and foreign governments; (iii) the blending of private and government investment in such technologies