S. 407 is a bill known as the "Ensuring Coast Guard Readiness Act" that allows exceptions to the rule against building Coast Guard ships in foreign shipyards. The President can permit these exceptions if it benefits U.S. national security and the shipyard is in a NATO or a...
Simple Explanation
S. 407 is a bill that lets the President say it's okay for Coast Guard ships to be built in other countries, as long as those countries are friends and not connected to China, and as long as it keeps America safe. Before this happens, Congress needs to know and has to wait 30 days to give their approval.