Bill · S. 753· Senate(119-S-753)
Strengthening Exports Against China Act
- Introduced
- 2/26/2025
- Last activity
- 3/26/2026 — Committee on Banking, Housing, and Urban Affairs. Hearings held.
- Sponsored by
- Catherine Cortez Masto
- Cosponsors
- - 0 - 1
- Introduced
- In Committee
What this bill would do
This bill, known as the "Strengthening Exports Against China Act," aims to amend the Export-Import Bank Act of 1945. It seeks to change how the default rate is calculated for the purpose of determining when the lending cap applies. Specifically, it would exclude certain financing from this calculation. This exclusion applies if the Bank determines the financing helps replace or compete with products or services from specific restricted entities. These entities include those on the Department of Commerce's Entity List or certain persons and groups on the OFAC list. Additionally, the exclusion applies to financing provided under the Program on China and Transformational Exports.
Yes· 3 of 5
Would business owners be better off under this?+5
The bill specifically aims to provide more competitive footing for businesses competing against restricted entities.
Does this make trade with other countries easier?+5
The bill seeks to strengthen the position of US exports against specific foreign competitors, which can impact international trade dynamics.
Is this likely to grow the economy?+4
The bill aims to bolster economic growth by allowing more financing for strategic exports to compete with restricted foreign entities.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Support for competition against restricted entities: The bill allows the Bank to exclude financing that helps replace or compete with products or services provided by entities on the Department of Commerce's Entity List (Section 2(B)(i)(I)). This could help businesses compete more effectively against specific foreign entities.
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Support for competition against designated persons: Financing can be excluded if it competes with persons or groups on the Office of Foreign Assets Control's list of specially designated nationals and blocked persons (Section 2(B)(i)(II)). This provides a mechanism to support businesses competing against these specific persons or their affiliates.
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Support for specific programs: The bill includes an exclusion for financing provided through the Program on China and Transformational Exports (Section 2(B)(ii)). This would facilitate the specific goals established under that program.
Potential Negative Impacts for People
- No specific negative impacts are explicitly detailed in the text provided.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Economy And Finance
- Improves Economic Growth+4Increases Job Creation+3
- Demographic And Interest Groups
- Good For Business Owners+5
- National Security And Foreign Policy
- Improves International Trade+5
- Governance And Ideology
- Increases Federal Power+2
- 3/26/2026
- Committee on Banking, Housing, and Urban Affairs. Hearings held.
- 2/26/2025
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 1 Cosponsor added.
- Introduced in Senate
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Mike RoundsRepublican · South Dakota