A Republican bill with no cosponsors
Last activity — Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 23.
Introduced, nothing more yet
Formally proposed, and not yet handed to a committee.
Nearly every bill is sent to a committee within days. Introduction alone is not a sign of support, of momentum, or of any likelihood of passing — any member may introduce any bill.
Its path through Congress
- Introduced
What this bill would do
The DFC Modernization Act of 2025 modifies and reauthorizes the Better Utilization of Investments Leading to Development Act of 2018. It directs the International Development Finance Corporation to increase its risk tolerance to mobilize private capital and advance U.S. foreign policy, national security, and economic goals. The bill establishes a new Equity Investments Account and increases the maximum contingent liability to $250 billion. It also prohibits support for projects involving "countries of concern" or anticompetitive practices. Additionally, the bill updates the management structure of the Corporation and extends its termination date to December 31, 2031.
Yes· 3 of 21
- Scored +6
Does this strengthen ties with allied countries?
Specifically targets support for allied and partner countries to counter strategic competitors.
- Scored +6
Does this make trade with other countries easier?
Facilitates the export of U.S. energy, technology, and expertise to global markets.
- Scored +6
Would business owners be better off under this?
Mobilizes private capital and supports the export of U.S. business expertise and resources.
The opposite· 3 of 5
- Scored -4
Does this make the government pay for what it commits to?
Explicitly increases risk tolerance and accepts that financial losses may occur at the investment level.
- Scored -3
Does this reduce what the federal government owes?
Increases maximum contingent liability to $250 billion, increasing potential financial risk to the government.
- Scored -2
Would immigrants be better off under this?
Specifically seeks to curb illegal migration through economic development.
Who it would affect, and how
Potential Positive Impacts for People
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National Security and Safety: The bill aims to make America "safer, stronger, and more prosperous" by advancing foreign policy and national security goals, including securing critical supply chains and rare earth minerals (Sec. 2(a)).
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Economic Growth and Resource Procurement: The act seeks to facilitate the procurement of necessary resources and supply chains for the benefit of U.S. citizens (Sec. 2(b)(8)).
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Border Security: The policy supports private sector development in other countries to help "curb illegal migration and secure the borders of the United States" (Sec. 2(b)(7)).
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Energy Security: The bill promotes the energy security of allied partner countries by encouraging diversified and competitive energy markets, which is cited as being in the economic and national security interests of the U.S. (Sec. 2(b)(4)).
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Support for Underdeveloped Areas: The Chief Executive Officer is directed to pursue developmental projects in the most underdeveloped areas, specifically those suffering from extreme poverty, fragile institutions, or violence (Sec. 203(b)).
Potential Negative Impacts for People
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Increased Financial Risk: The bill explicitly states that the Corporation should "responsibly increase its risk tolerance" and that "financial losses" may be expected at the individual investment level (Sec. 2(a) and Sec. 2(b)(9)).
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Higher Contingent Liability: The maximum contingent liability is significantly increased from $60 billion to $250 billion (Sec. 402).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- National Security And Foreign Policy
- Does this strengthen ties with allied countries? — Specifically targets support for allied and partner countries to counter strategic competitors. Does this make trade with other countries easier? — Facilitates the export of U.S. energy, technology, and expertise to global markets. Does this favour talking over confrontation abroad? — Uses economic statecraft to advance U.S. foreign policy and national security goals. Does this send more money or help to other countries? — Increases the capacity and risk tolerance for development finance in foreign countries. Does this better protect the country from computer attacks? — Promotes investment in telecommunications infrastructure in allied countries.
- Demographic And Interest Groups
- Would business owners be better off under this? — Mobilizes private capital and supports the export of U.S. business expertise and resources. Would billionaires be better off under this? — Increases opportunities for private investment in high-risk/high-reward international markets. Would people with substantial wealth be better off under this? — Increases opportunities for private investment in high-risk/high-reward international markets. Would the very wealthiest people be better off under this? — Increases opportunities for private investment in high-risk/high-reward international markets. Would farmers be better off under this? — Supports export of U.S. resources and critical supply chain security. Would households on low incomes be better off under this? — Aims to reduce extreme poverty in underdeveloped regions globally. Would immigrants be better off under this? — Specifically seeks to curb illegal migration through economic development.
- Social Issues And Justice
- Does this tighten control of the border? — Directly states policy to support private sector development to help curb illegal migration and secure borders. Is this likely to lift people out of poverty? — Directs focus toward projects in underdeveloped areas suffering from extreme poverty.
- Environment Energy And Infrastructure
- Does this invest in rural communities? — Focuses on underdeveloped areas and critical infrastructure. Does this repair or build roads and bridges? — Supports infrastructure projects in allied and partner countries. Does this put more money into wind, solar and other renewable power? — Promotes diversification of energy sources and supply routes. Does this reduce how much oil, gas and coal is produced? — Explicitly aims to facilitate the export of U.S. energy and diversification of energy markets.
- Education And Technology
- Does this get reliable internet to more people? — Encourages investment in telecommunications infrastructure in partner countries.
- Governance And Ideology
- Does this give the federal government more power? — Expands the authority and financial capacity of a federal agency (DFC).
- Economy And Finance
- Is this likely to grow the economy? — Aims to mobilize private capital and secure critical supply chains for the benefit of the U.S. economy. Does this make it easier to run a small business? — Directs the CEO to pursue developmental projects of all sizes, especially smaller ones in underdeveloped areas. Is this likely to create jobs? — Facilitates private sector development and investment in global markets which can spur business growth. Does this make the government pay for what it commits to? — Explicitly increases risk tolerance and accepts that financial losses may occur at the investment level. Does this reduce what the federal government owes? — Increases maximum contingent liability to $250 billion, increasing potential financial risk to the government. Does this reduce what the federal government spends? — Increases the scale of DFC operations and contingent liabilities.
- 9/18/2025
- Committee Consideration and Mark-up Session Held
- Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 23.
- 9/17/2025
- Committee Consideration and Mark-up Session Held
- 9/11/2025
- Referred to the House Committee on Foreign Affairs.
- Introduced in House