; or (B) an individual acting under the direction or the influence of a government or agency described in subparagraph (A). 1002. Authority to review transactions for economic effect on the United States (a) Mandatory notification by parties Each party to a covered transaction shall submit a written notification of the transaction to the Secretary. (b) Review (1) In general Upon receiving written notification of a covered transaction under subsection (a), the Secretary shall— (A) review the transaction to determine the economic effect of the transaction on the United States, based on the factors described in subsection (d); and (B) based on the results of the review, take appropriate action under subsection (c) with respect to the transaction. (2) Unilateral initiation of review The Secretary may initiate a review under paragraph (1) of a covered transaction for which written notification is not submitted under subsection (a). (3) Initiation of review by request from Congress The Secretary shall initiate a review under paragraph (1) of a covered transaction (determined without regard to the value of the transaction under section 1001(2)(B)(ii)) if the chairperson and the ranking member of the Committee on Finance of the Senate or the Committee on Ways and Means of the House of Representatives requests the Secretary to review the transaction. (4) Notification to United States Trade Representative Upon receiving a written notification of a transaction under subsection (a) or initiating a review of a transaction under paragraph (2) or (3), as the case may be, the Secretary shall notify the United States Trade Representative. (c) Action (1) Action after initial review Not later than 15 days after receiving a written notification of a transaction under subsection (a) or initiating a review of a transaction under paragraph (2) or (3) of subsection (b), as the case may be, the Secretary shall— (A) approve the transaction