1. Short title This Act may be cited as the Championing American Business Through Diplomacy Act of 2019 . 2. Findings Congress finds the following: (1) According to the 2017 National Security Strategy of the United States of America, Retaining our position as the world’s preeminent economic actor strengthens our ability to use the tools of economic diplomacy for the good of Americans and others. . (2) A November 7, 2018, cable from Secretary of State Michael R. Pompeo to all diplomatic and consular posts— Boosting Commercial Diplomacy Around the World —stated that helping American companies is a foreign policy priority … Promoting broad-based, responsible, and sustainable economic growth helps to stabilize regions and creates new and growing markets for U.S. companies. A transparent and level playing field for U.S. investment in these countries counters real and growing challenges such as China’s Belt and Road initiative. . (3) In the January–February 2019 issue of The Foreign Service Journal, Ambassador Barbara Stephenson, the President of the American Foreign Service Association, wrote Foreign Service support for American business … is a major reason why the U.S. Foreign Service was created. . 3. Economic diplomacy within the Department of State Subsection (c) of section 1 of the State Department Basic Authorities Act of 1956 ( 22 U.S.C. 2651a ) is amended— (1) by redesignating paragraph (3) as paragraph (4)