The Export-Import Bank of the United States (EXIM) assists U.S. exporters with financing. In 2018, EXIM supported $6.8 billion worth of exports and 33,000 jobs.
EXIM’s operations are now at risk unless Congress reauthorizes the bank to continue operations. Without an export credit agency such as EXIM, the U.S. stands to lose global competitiveness, and small businesses, as well as local jobs, will be negatively impacted.
The Chamber supports the reauthorization of EXIM, providing much-needed certainty for U.S. exporters and their employees that rely on the bank to compete in a global market.