United States-Jordan Defense Cooperation Act of 2014 - Expresses the sense of Congress that expeditious consideration of certifications of letters of offer to sell defense articles, defense services, design and construction services, and major defense equipment to the Hashemite Kingdom of Jordan is fully consistent with U. S. security and foreign policy interests and the objectives of world peace and security.

Amends the Arms Export Control Act to include Jordan among the countries eligible for certain streamlined defense sales.

Amends the Foreign Assistance Act of 1961 to include Jordan among the countries not required to be included in the annual foreign military training report submitted by the Department of Defense (DOD) and the Department of State to Congress.

Authorizes the Secretary of State to enter into a Memorandum of Understanding with Jordan to increase military cooperation, including joint military exercises, personnel exchanges, support for international peacekeeping missions, and enhanced strategic dialogue.

Makes specified funds for the foreign military financing funds program available for Jordan, subject to certain requirements.