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For more than 80 years, Ex-Im Bank has worked to ensure a level playing field for U.S. exporters in a competitive global marketplace, and filled the gaps when the private sector is unable or unwilling to finance U.S. exports. In FY 2014, Ex-Im supported 164,000 U.S. jobs through $20.5 billion in export finance authorizations.

Ex-Im operates under authority provided by Congress. Sixteen times, bipartisan majorities in Congress have reauthorized Ex-Im Bank. Since Ex-Im’s most recent reauthorization (the Export-Import Bank Reauthorization Act of 2012 (P.L. 112-122)(link is external), the Bank has implemented more than a dozen reforms. In addition, Ex-Im continues to work to meet its Congressional mandates and directives requiring support for small business, environmentally beneficial exports, minority- and woman-owned business exports, and exports to eligible markets in sub-Saharan Africa.

Ex-Im Bank operates at no cost to taxpayers. Ex-Im has been able to accomplish this because, like any bank, Ex-Im charges fees and interest on our loan guarantee, insurance, and direct loan programs, the result being that Ex-Im Bank does not rely on taxpayer resources to sustain operations. As a result, over the past two decades Ex-Im has generated approximately $7 billion in excess revenues for the U.S. Treasury to be used for deficit reduction—making it one of the few government agencies to actually generate a surplus for American taxpayers.

The Office of Congressional and Intergovernmental Affairs (OCIA) is the primary point of contact for Congress and state and local governments at Ex-Im. OCIA informs and educates elected officials and their staff on how Ex-Im Bank supports American jobs through financing exports of U.S. goods and services. In addition, OCIA responds to Congressional concerns, prepares Ex-Im officials for Congressional hearings, and helps elected officials to educate their constituents on Ex-Im financing tools through hosting local events. Please contact us if you need help.