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WASHINGTON, DC – Today, Congresswoman Debbie Dingell (D-MI) voted to reauthorize the job-creating Export-Import Bank.

Since 2014, the Export-Import Bank has supported 137 exporters in Michigan that have exported $3 billion in value.

“The Export-Import Bank is a vital tool in supporting manufacturing and creating good-paying jobs here at home,” said Dingell. “For the past 80 years, the bank has played a critical role in helping US businesses compete on a level playing field with our foreign competitors. In fact, the bank has helped 137 Michigan businesses, including more than 100 small businesses, export $3 billion worth of goods overseas – all while actually making money for taxpayers. The Ex-Im Bank is a powerful force and a pillar of America’s economic stability.”

The Export-Import Bank is the official export credit agency of the United States. When private sector lenders are unable or unwilling to provide financing, Ex-Im fills in the gap for American businesses by equipping them with the financing tools necessary to compete for global sales. In doing so, the bank levels the playing field for U.S. goods and services going up against foreign competition in overseas markets, so that American companies can create more good-paying American jobs.

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