interests of the United States. (2) Consultation (A) Before waiver issued Before a waiver under paragraph (1) takes effect with respect to an agency or instrumentality of a foreign state, the President shall notify and brief the appropriate congressional committees on the status of the involvement of the agency or instrumentality in activities described in subsection (b). (B) After waiver issued Not later than 90 days after the issuance of a waiver under paragraph (1) with respect to an agency or instrumentality of a foreign state, and every 120 days thereafter while the waiver remains in effect, the President shall brief the appropriate congressional committees on the status of the involvement of the agency or instrumentality in activities described in subsection (b). (g) Definitions In this section: (1) Agency or instrumentality of a foreign state