Business Roundtable CEOs call on Congress to pass a multi-year reauthorization of the U.S. Export-Import (Ex-Im) Bank as soon as possible.

In a letter to congressional leaders, Thomas Linebarger, Chairman and CEO, Cummins Inc., and Chair, International Engagement Committee, Business Roundtable, wrote:

“Ex-Im Bank is a vital public policy tool for promoting U.S. businesses of all sizes and jobs in the competitive, global marketplace. ... Since its authority lapsed in July, Congress’ failure to reauthorize Ex-Im Bank has already resulted in U.S. companies losing international sales and puts hundreds of thousands of U.S. jobs at risk. ...

Business Roundtable urges [Congress] to act quickly to vote on and pass a multi-year reauthorization of Ex-Im Bank.”

Read the full letter here.