Congress·In Committee·S. 753

Strengthening Exports Against China Act

Export-Import Bank: New Rules for China Competition Loans

3 months ago·View on Congress.gov·Read full text

This bill is currently in the Senate Banking Committee where members have held hearings to discuss it. It is actively moving through the early stages of the lawmaking process. There are no further actions scheduled at this time.

Legislative Progress

Senate

House

President

Law

Key Points

This bill changes how the Export-Import Bank tracks unpaid loans. The Bank provides financial help to American companies so they can sell their goods in other countries.
Usually, if the Bank's rate of unpaid loans gets too high, it is forced to limit how much new money it can lend. This bill creates an exception for loans used to compete with Chinese businesses.
Under this plan, if a company fails to pay back a loan that was meant to help them compete with a blacklisted Chinese firm, that failure will not count against the Bank's overall lending limit.
This allows the Bank to take more risks to support American businesses that are trying to replace Chinese products or services in the global market.
The policy specifically targets loans involving Chinese companies that the U.S. government has already flagged as security risks or trade concerns.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.

Milestones

3 milestones3 actions

Mar 26, 2026Senate

Committee on Banking, Housing, and Urban Affairs. Hearings held.

Feb 26, 2025Senate

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.

Feb 26, 2025

Introduced in Senate

The bill was officially filed and given a number. It now enters the legislative queue.

Votes

No votes have been recorded for this legislation yet.

News

No related news coverage found for this legislation yet.

Source Information

Document Type

Congressional Bill

Official Title

Strengthening Exports Against China Act

Bill NumberS 753

Congress119th Congress

ChamberSenate

Latest ActionCommittee on Banking, Housing, and Urban Affairs. Hearings held.

Data Sources

Congress.gov

Official legislative information

Read Full Bill Text

Sponsor

Cosponsors

(1)

R: 1

Analysis generated by AI. Always verify with official sources.