# 119-s-753: Strengthening Exports Against China Act

119-s-753, Strengthening Exports Against China Act, is a 119th Congress bill sponsored by Sen. Cortez Masto, Catherine [D-NV] (D-NV); status in_committee; PRIA reads it as touching household money (as of 2026-08-23).

- Canonical: https://policyrisk.com/legislation/119-s-753
- As of: 2026-08-23
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-753
- Congress: 119
- Title: Strengthening Exports Against China Act
- Status: in_committee
- Introduced: 2025-02-26
- Sponsor: Sen. Cortez Masto, Catherine [D-NV] (D-NV)
- Cosponsors: 1
- Policy area: Foreign Trade and International Finance
- Touches household money: yes
- Last recorded action: 2026-08-23

## Summary

**Excludes certain loan defaults from the Export-Import Bank's default-rate calculation to protect its lending capacity for projects that counter or replace products from China-linked or sanctioned firms.** This change targets EXIM financing that replaces or competes with goods or services from firms on the Commerce Department Entity List or the Treasury Department's Specially Designated Nationals list, and financing made under a Program on China and Transformational Exports. - Export-Import Bank: Would not count some borrower defaults when measuring its default rate, reducing the chance the bank hits its statutory lending cap and preserving room to finance exports. - U.S. exporters and manufacturers: Firms using EXIM financing to replace or compete with products from listed or sanctioned entities would face less risk that their loans push the bank toward its cap. - Strategic policy toward China: Allows EXIM to support projects tied to the Program on China and Transformational Exports without those defaults worsening the bank's default-rate metric.

## Cosponsors (1)

- Sen. Rounds, Mike [R-SD] (R-SD), 2025-02-26T00:00:00.000Z

## Provisions PRIA read

- Fewer counted Ex-Im loan defaults: benefit, low. If enacted, the bill would let the Export-Import Bank exclude some loan defaults when it calculates its default rate under section 8(g)(1). The Bank could exclude a default only if it finds the loan helped replace or compete with a company on the Commerce Department Entity List, or the loan went to…

## Related bills

- 119-s-2234: Reducing Homelessness Through Program Reform Act
- 119-s-3659: SECURE Minerals Act of 2026
- 119-s-5283: Momnibus Act
- 119-s-1260: Rural Housing Service Reform Act of 2025
- 119-s-890: Choice in Affordable Housing Act of 2025
- 119-s-554: United States-Israel Defense Partnership Act of 2025

## Sources
- [119-s-753 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/753)

## Related
- [119-s-2234: Reducing Homelessness Through Program Reform Act](https://policyrisk.com/legislation/119-s-2234)
- [119-s-3659: SECURE Minerals Act of 2026](https://policyrisk.com/legislation/119-s-3659)
- [119-s-5283: Momnibus Act](https://policyrisk.com/legislation/119-s-5283)
- [119-s-1260: Rural Housing Service Reform Act of 2025](https://policyrisk.com/legislation/119-s-1260)
- [119-s-890: Choice in Affordable Housing Act of 2025](https://policyrisk.com/legislation/119-s-890)
- [119-s-554: United States-Israel Defense Partnership Act of 2025](https://policyrisk.com/legislation/119-s-554)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-753 (as of 2026-08-23).