"To the Members of the United States Congress:

On behalf of the undersigned organizations representing manufacturers, agricultural businesses, service companies, and other business from across the United States, we urge you to support American jobs, exports, and industry by passing a robust, long-term reauthorization of the Export-Import Bank of the United States (EXIM). With long-term reauthorization and targeted reforms, Congress can ensure that the Bank operates at full capacity to support American manufacturing, supply chains, and global competitiveness in an increasingly competitive international marketplace.

Export financing has become an increasingly important tool of statecraft, with more than 115 foreign export credit agencies actively supporting their national exporters. The People's Republic of China alone provided an estimated $24 billion in medium- and long-term export credit support in 2024—more than four times the volume officially supported by the United States that same year. In this competitive environment, EXIM is an essential tool that helps American exporters compete globally and level the playing field. This is particularly true in strategic industries such as commercial aviation, advanced energy and nuclear technologies, and heavy manufacturing, where foreign competitors are aggressively deploying state-backed financing to secure long-term commercial and geopolitical advantages. For many American companies—whether small businesses or larger manufacturers and their supplier networks—EXIM's financing tools are the difference between winning and losing a deal, expanding operations or shutting doors, and hiring workers or risking American jobs."

Read the rest of the letter here: https://www.uschamber.com/finance/coalition-in-support-of-exim-reauthorization