DFC Modernization Act of 2025

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 5299 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 5299 To modify and reauthorize the Better Utilization of Investments Leading to Development Act of 2018, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES September 11, 2025 Mr. Mast introduced the following bill; which was referred to the Committee on Foreign Affairs _______________________________________________________________________ A BILL To modify and reauthorize the Better Utilization of Investments Leading to Development Act of 2018, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``DFC Modernization Act of 2025''. SEC. 2. SENSE OF CONGRESS; STATEMENT OF POLICY. (a) In General.--It is the sense of Congress that the United States International Development Finance Corporation should seek to responsibly increase its risk tolerance in investments to ensure that the Corporation is maximizing the mobilization of private capital and properly pursuing its statutory objectives of advancing United States foreign policy, economic development, and national security goals to make America safer, stronger, and more prosperous, including-- (1) by more frequent use of one or more of a variety of tools to mitigate risk to the private sector, including the use of equity, hybrid securities, mezzanine debt, accepting creditor status that is subordinate to that of other creditors, using partial guarantees, employing first loss coverage, insurance, and using blended finance; (2) by lending, investing, or offering insurance in high- risk countries, regions, or sectors as a means to achieve its mission as a United States foreign policy and development agency of economic statecraft to mobilize capital, secure st