; and (B) whether continued participation in each entity contributes a benefit towards achieving United States foreign policy objectives. 7. United States Multilateral Review Task Force (a) Establishment The President shall establish an interagency Multilateral Review Task Force (referred to in this Act as the Task Force ) to review and assess United States participation in multilateral entities identified in section 5 and to develop and transmit to the appropriate congressional committees the report required under section 6. (b) Leadership The Task Force shall be chaired by the Secretary of State. The Secretary may delegate his or her responsibilities under this Act to an appropriate senior Senate-confirmed Department of State official. (c) Membership The President may appoint to the interagency Task Force senior Senate-confirmed officials from the Department of State, the Department of the Treasury, the United States Agency for International Development, the Centers for Disease Control and Prevention, the Department of Agriculture, the Department of Energy, and any other relevant executive branch department or agency. (d) Consultation In preparing the report under section 6, including the initial review of methodology, the Task Force shall consult regularly with the Peer Review Group established under section 8. 8. United States Multilateral Aid Review Peer Review Group (a) Establishment There is established the United States Multilateral Aid Review Peer Review Group (referred to in this Act as the Peer Review Group ). (b) Membership (1) Composition The Peer Review Group shall be composed of 8 nongovernmental volunteer members, of whom— (A) 2 shall be appointed by the majority leader of the Senate; (B) 2 shall be appointed by the minority leader of the Senate; (C) 2 shall be appointed by the Speaker of the House of Representatives