Congress·In Committee·S. 753
Strengthening Exports Against China Act
Export-Import Bank: New Rules for China Competition Loans
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
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.
Milestones
2 milestones3 actions
Mar 26, 2026
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Feb 26, 2025
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb 26, 2025
Introduced in Senate
Related Bills
1 billSource 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
Sponsor
Cosponsors
(1)R: 1
Analysis generated by AI. Always verify with official sources.