Revitalizing American Competitiveness: Reauthorization of the US Export-Import Bank

The Export-Import Bank (EXIM) of the United States’ congressional authorization expires at the end of 2026, and the reauthorization process provides an opportunity to fully unleash the Bank’s potential to strengthen US supply chains, expand exports, support state and local industrial strategy, and ensure US economic competitiveness through the strategic allocation of capital. As congressional reauthorization approaches, lawmakers should prioritize policies that promote long-term certainty, flexibility in risk management, and coordination with state economic development efforts, while continuing to generate revenue for taxpayers. Efforts like the Make More in America Initiative and the recent Project Vault have demonstrated the scale at which EXIM can engage on a strategic level. 

Reauthorization should provide EXIM with statutory tools to compete with foreign export credit agencies at scale, while ensuring that small business access and domestic supply chain resilience remain core organizational pillars.