The Export-Import Bank would stop counting certain failed loans when calculating its default rate, making it easier to keep lending. This applies to loans that help U.S. exporters compete against companies linked to China and other restricted foreign entities. The change could mean more government-backed export financing in strategic sectors.
Modern Action explains what the legislation does, helps you choose whether to support, oppose, or ask for changes, and drafts a message tied to the bill, your stance, and the elected officials who can act on it.
Strengthening Exports Against China Act is a Senate bill in committee. The latest recorded action: Committee on Banking, Housing, and Urban Affairs. Hearings held.
Latest action on S. 753: Committee on Banking, Housing, and Urban Affairs. Hearings held.
Who this affects: This bill most directly affects U.S. exporters who rely on Ex-Im Bank financing to sell their products abroad, especially in sectors where they compete with Chinese firms or other restricted entities. It also affects taxpayers, who back the Bank's deals, and the Bank itself, which gets more flexibility in how it lends.
Why this matters: The Export-Import Bank is a key tool for helping U.S. companies compete globally. When its default rate rises, lending limits kick in and the Bank must pull back. By excluding certain strategic defaults from the count, this bill could let the Bank support more deals aimed at countering China and other restricted entities -- but it also means the reported default rate may not reflect the Bank's true financial risk.
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Officially: Strengthening Exports Against China Act
The Export-Import Bank would stop counting certain failed loans when calculating its default rate, making it easier to keep lending. This applies to loans that help U.S. exporters compete against companies linked to China and other restricted foreign entities. The change could mean more government-backed export financing in strategic sectors.
Use this page to support, oppose, or ask Congress to amend S753. Modern Action explains what the bill does, helps identify the right senators or representative, and drafts a bill-specific message you can edit and send.
Where it stands
Sitting in Banking
No vote scheduled. Constituent contact is what moves bills out of committee.
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The debate
Where this bill is in the process
Introduced
Introduced in Senate
Senate Committee
Under Senate committee consideration
Latest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (2/26/2025)
Senate Floor Vote
Voted on by Senate
Passed Senate
Approved by Senate
House Review
Sent to House for consideration
Passed Both Chambers
Approved by both House and Senate
Signed into Law
Signed by the President
For more detail
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This page gives you an opportunity to support, oppose, or ask for changes to Strengthening Exports Against China Act, then contact the elected officials who can act. Modern Action drafts the message from your position and the reasons you select.
Modern Action keeps the action tied to the bill itself: what it does, where it is in the process (committee), which office can still act, and what ask belongs in the message.
You are not starting from a blank form. Modern Action drafts the message around S753, your stance, and the reasons you choose, then lets you edit and send when ready.
