The Intelligence Reform Bill approved by Congress and signed Friday by President Bush mandates the largest overhaul of U.S. intelligence gathering in 50 years.
At the signing ceremony, the president was joined by key members of the 9-11 commission and families of 9-11 victims.
"Under this new law, our vast intelligence enterprise will become more unified, coordinated and effective. It will enable us to better do our duty, which is to protect the American people," said President Bush. "The key lesson of September the 11th, 2001 is that America's intelligence agencies must work together as a single, unified enterprise."
The law creates the position of director of national intelligence who will be the principal advisor to the president on intelligence matters and be responsible for determining its annual budget.