 XM's ability to manage risks successfully is why it is one of the rare government-run entities that actually makes a profit for American taxpayers and has sent approximately $9 billion back to U.S. Treasury for debt reduction since 1992. To orient the bank to directly combat the economic threat of communist China as part of its 2019 reauthorization, Congress directed XM to establish the China and Transformational Exports Program, or CTEF.