; and (2) an assessment of the effectiveness of such strategy, as of the date of the submission of the update, in securing United States supply chains which rely on critical minerals sourced from the DRC. (e) Definitions (1) Appropriate congressional committees The term appropriate Congressional Committees means— (A) the Committee on Foreign Affairs, the Committee on Appropriations, the Committee on Financial Services, and the Committee on Ways and Means of the House of Representatives; and (B) the Committee on Foreign Relations, the Committee on Appropriations, and the Committee on Banking, Housing, and Urban Affairs of the Senate. (2) Armed group The term armed group means an armed state or non-state actor that is identified as a perpetrator of serious human rights abuses in the Department of State’s annual Country Reports on Human Rights Practices. (3) Conflict mineral The term conflict mineral means columbite-tantalite (coltan), cassiterite, gold, wolframite, or their derivatives, or any other mineral or its derivatives that the Secretary of State determines to be financing conflict in the DRC or an adjoining country. (4) Covered entity The terms covered entity means a foreign entity that— (A) is subject to the jurisdiction or direction of the PRC; (B) is legally registered or internationally headquartered in the PRC; (C) is directly operating on behalf of the PRC; (D) is majority owned by, or directly or indirectly controlled by, the PRC; (E) receives funding, either directly or indirectly, from the Government of the PRC, PRC State policy banks, or any other bank that is financed primarily by the PRC; (F) that is formed from a spin-off, merger or acquisition, or sale of a business unit involving an entity described in any of subparagraphs (A) through (E) or is otherwise a successor to such an entity