EXIM Bank Continuity in Competitiveness Act

The EXIM Bank Continuity in Competitiveness Act modifies the rules for the Export-Import Bank of the United States to ensure the institution can continue operating when its board lacks a full complement of members. It reduces the required waiting period before a temporary board can be formed from 120 days to 60 days if the main board loses its quorum. Additionally, the bill clarifies that this temporary board will automatically end when a new President takes office or when the original board regains a full quorum. These changes are set to take effect on December 31, 2026.