# Congress Weighs EXIM Reauthorization

Sen. Kevin Cramer is urging Congress to reauthorize and modernize the Export-Import Bank of the United States (EXIM) before its charter expires on December 31, 2026, which is 65 days away as of October 27. Cramer says EXIM has more than $70 billion in energy and critical-minerals projects in its pipeline and supports changes to the bank’s risk-management rules and a proposed 10-year authorization to help U.S. exporters compete for overseas business. These are proposals, not enacted changes or guaranteed financing; the charter’s expiration creates uncertainty for companies pursuing EXIM-backed export projects.

- Exporters and contractors involved in overseas energy and critical-minerals projects can assess whether planned transactions depend on EXIM financing and account for the December 31 charter deadline in their planning.
- The reported pipeline exceeds **$70 billion**, but the article does not identify individual awards or guarantee that these projects will receive financing.
- Companies that may use EXIM support should distinguish current bank authorities from the proposed risk-management changes and 10-year reauthorization as Congress considers the bank’s future.

**Jurisdictions:** federal
**Industries:** Energy & Utilities
**Topics:** Policy
**Published:** October 26, 2026

### Government Entities
- Export-Import Bank of the United States (EXIM)
- U.S. Congress
- Senate Committee on Banking, Housing, and Urban Affairs

### Sources
- [China threatens to dominate global markets if EXIM modernization fails](https://thehill.com/opinion/finance/6171472-exim-bank-expires-december) - The Hill