Industrial Strategy Act

[AI summary unavailable — showing source text] Industrial Strategy Act - Title I: Cooperation Council - Establishes the Economic Cooperation Council. Directs the Council to: (1) gather information and monitor the changing nature of the United States industrial economy and its capacity to provide marketable goods and services in the domestic market and to respond to international competition; (2) publish reports containing its recommendations on such information and on industrial development priorities, at the request of the President, the Congress, or a majority of its members; (3) provide direction to the Congress and to Federal agencies on national industrial policy and sectoral strategies; (4) establish area and sectoral councils to develop long-term strategies for sectors of the economyn or particular regions of the country; (5) provide policy guidance for the Industrial Modernization and Financing Association created by this Act; and (6) transmit to the Congress and the President, within one year after enactment of this Act, a report containing its recommendations for changes in Federal policy needed to implement an effective national industrial strategy. Establishes within the Council a Bureau of Economic Information (BEI…