TENNESSEE EMERGENCY MANAGEMENT AGENCY: $59.5M Department of Homeland Security Federal Award
Summary
This is a $59.5M direct payment grant from FEMA to the Tennessee Emergency Management Agency for disaster family assistance. As the recipient is a state government entity, there is no direct publicly-traded company beneficiary, and no stock market impact is expected.
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Key Takeaways
- 1.Contract is a direct government-to-government grant, not a commercial award.
- 2.No publicly-traded company benefits directly or through supply chain.
- 3.Disaster relief spending is routine and does not signal sector-wide shifts.
Market Implications
This contract has no market implications as it is a government-to-government transfer. No publicly-traded companies are involved, and the amount is modest relative to the broader economy.
Full Analysis
The contract is a $59.5M pass-through grant from the Department of Homeland Security/FEMA to the Tennessee Emergency Management Agency, intended to provide direct financial aid to families in disaster areas. This is a non-reimbursable subsidy, not a procurement contract for goods or services. Since the recipient is a state government agency, no publicly-traded company receives this funding directly or as a subcontractor. The contract supports disaster relief efforts, which may indirectly benefit local construction or service firms, but no specific public companies are identifiable. Related bills in the database are neutral with low impact and do not connect to this contract. Presidential actions on defense supply chains are unrelated to disaster relief grants. Therefore, no tickers or causal chains are warranted.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
DEPARTMENT OF SOCIAL SERVICES CALIFORNIA: $1.2B Department of Agriculture Grant
DEPARTMENT OF SOCIAL SERVICES CALIFORNIA: $3.6B Department of Health and Human Services Grant
NEW YORK STATE EDUCATION DEPARTMENT: $1.5B Department of Agriculture Grant
STATE OF RHODE ISLAND: $1.2B Department of the Treasury Federal Award
ADMINISTRACION DE DESARROLLO SOCIOECONOMICO DE LA FAMILIA: $2.5B Department of Agriculture Federal Award
DEPARTMENT OF EDUCATION CALIFORNIA: $1.7B Department of Agriculture Grant
GEORGIA EMERGENCY MANAGEMENT AND HOMELAND SECURITY AGENCY: $1.6B Department of Homeland Security Grant
GOVERNOR'S AUTHORIZED REPRESENTATIVE: $1.8B Department of Homeland Security Grant
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
Actions by the United States in the Investigations under Section 301 of the Trade Act of 1974 of the Acts, Policies, and Practices of 60 Economies Related to the Failure of Each Economy to Impose and Effectively Enforce a Prohibition on the Importation of Goods Produced with Forced Labor
This Presidential Memorandum directs the U.S. Trade Representative to impose Section 301 tariffs on imports from 60 economies due to their failure to prohibit or effectively enforce forced labor import bans. Tariffs are set at 10% ad valorem for certain economies with partial enforcement or commitments, and 12.5% for others, with exemptions for raw materials and products causing domestic supply issues, and plans for textile tariff-rate quotas by September 2026. The action aims to eliminate the identified unreasonable trade practices through these tariffs and incentives.
Imposing Additional Duties to Offset Canadian Discrimination Against the Commerce of the United States with Respect to Motor Vehicles
This proclamation imposes a 50% ad valorem duty on certain Canadian products, effective August 19, 2026, under Section 338 of the Tariff Act of 1930, to offset Canada's discriminatory 25% tariff and tariff-rate quota on U.S. motor vehicle exports, which have reduced U.S. auto exports to Canada by 22% and shifted demand to competitors like Mexico, Japan, Korea, and Germany.
Imposing Additional Duties to Offset Canadian Discrimination Against the Commerce of the United States with Respect to Dairy
President Trump, citing Section 338 of the Tariff Act of 1930, imposes a 50% additional ad valorem duty on certain Canadian products (listed in Annex II) effective August 19, 2026, to offset Canada's discriminatory dairy tariff-rate quota allocation that disadvantages U.S. cheese exporters compared to EU exporters under CETA. The action aims to pressure Canada to remove the discrimination and expand opportunities for U.S. dairy producers within the U.S. market.
Contract Details
Recipient
TENNESSEE EMERGENCY MANAGEMENT AGENCY
Award Amount
$59,492,998
Awarding Agency
Department of Homeland Security
Sub-Agency
Federal Emergency Management Agency
Contract Type
DIRECT PAYMENT FOR SPECIFIED USE, AS A SUBSIDY OR OTHER NON-REIMBURSABLE DIRECT FINANCIAL AID (C)
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