US HB708

Establishes a working group within the Department of Homeland Security within 180 days to counter terrorist, cybersecurity, border, port, and transportation security threats posed by the Chinese Communist Party

Working group duties include examining CCP exploitation of immigration systems, predatory economic practices, support for fentanyl trafficking through transnational criminal organizations, and illicit financial activity by Chinese Money Laundering Organizations

Requires annual threat assessment reports to Congress for five years, coordinated with the FBI and Director of National Intelligence, with unclassified portions posted publicly

Mandates research and development of technologies to enhance DHS security capabilities against CCP threats within one year, and requires a GAO implementation review

Working group terminates after seven years and must include at least one employee dedicated to privacy law compliance; activities may not infringe on lawful free speech by U.S. persons