Project 2025 Tracker / What’s done, what’s next

23. Export-Import Bank · Notable · Needs Congress · Contested — excluded from counts

Preserve EXIM rather than relinquish it to China

Done

727 23. Export-Import Bank · from “The Case for the Export–Import Bank”

“The United States would be foolish to abandon this field of play, surrendering it to China and other nations, and to relinquish EXIM as a powerful tool in America’s asymmetrical warfare toolbox.”

What has happened

  1. Done

    The Bank is still in the field: two applications for final commitment on long-term loans or guarantees over $100 million were noticed on 2026-08-24, the most recent of roughly sixty EXIM Federal Register documents in the window. Its charter still terminates at the close of business on 2026-12-31 under 12 U.S.C. 635f and Congress has not extended it, so this Status is scheduled to be tested on a known date.

  2. Done

    EXIM is not being relinquished: on 2026-06-23 the Bank expanded its Make More in America Initiative to a 90 percent guarantee on equipment financing, widening rather than winding down the export- and manufacturing-finance business this Quote says the United States would be foolish to abandon.

Research log

What was searched, and what didn’t count as evidence

Research notes

This Quote belongs to “The Case for the Export-Import Bank”, the Chapter 23 essay that argues against abolishing EXIM. It is the mirror image of three asks on the other side of the argument, and the same record answers all four: #2005 (abolish, Chapter 23), #2100 (close, Chapter 26 Free Trade) and #2121 (let the charter lapse at the end of 2026, Chapter 26 Free Trade) are all not started because the Bank is open and doing more business, which is exactly why this ask is done. Nothing was netted: each was read against its own words.

Two further facts, both loaded on 2026-09-01 and neither used as Evidence because they are context rather than the event:

S. 3772, the Export-Import Bank Reauthorization Act of 2026, would strike “2026” and insert “2036”; it has been in committee since 2026-02-04. Introduction alone is not started on the Requires-Congress ladder, so it does not add an event here; it is the instrument to watch.

The requires_congress flag stands — checked 2026-09-01. It was queried by a blind re-leveling check that saw this item’s Evidence but not these notes, on the reading that not relinquishing EXIM is executive inaction and so fails §3b’s operative test. It does not. The Administration can keep the Bank in the field and is doing so, which is what this done rests on; it cannot keep EXIM in existence past the close of business on 2026-12-31, because 12 U.S.C. 635f terminates the Bank’s functions on that date and only an Act can extend them. Part of the act asked is structurally beyond the executive, which is #1989’s shape — only Congress can do the thing — rather than #522’s, where the ask is a plan and the legislation is downstream. The flag records the addressee correctly.

Two consequences a reader should have in front of them. This is a done item carrying the flag, so it never appears in Still to come and the flag’s only visible effect is the Feasibility line on this page. And the done has a known expiry: if the charter is not extended, this ask is achieved and then undone, which is done → reversed under §3b’s duration rule, on 2027-01-01.

Action
other
Object
Export–Import Bank of the United States (EXIM)
ID
2006