S 753 · 119th CongressIntroducedcongress.gov ↗

Strengthening Exports Against China Act

Road to The Floor

How it works

Introduced

In Committee

On The Floor

Passed a Chamber

Passed Congress

To President

Became Law

What this bill does

AI plain-language summary

This bill changes the rules for the Export-Import Bank, which is a government agency that helps finance the sale of American goods and services to foreign buyers. Right now, if too many of the bank's loans go unpaid and its failure rate hits 2%, the bank has to stop making new loans. This bill says certain loans don't have to count toward that 2% limit — specifically, loans made through a program designed to help U.S. companies compete with China in areas like artificial intelligence and biotechnology, as well as loans to U.S. companies competing against foreign businesses that are on government watchlists for national security or foreign policy concerns. By not counting these loans toward the limit, the bank can keep supporting these U.S. exporters without the risk of being forced to freeze its lending.

Introduced

February 26, 2025

Policy Area

Foreign Trade and International Finance

Your Vote

Discussion (0)

Explain what is at stake in this bill.

Sign in to join the discussion.

No comments yet. Be the first.