Unlocking the Power of Export Credit Financing: A Game Changer for U.S. Competitiveness

**Introduction**

Rob Atkinson, the president of ITIF, welcomes viewers to an event on Exim Bank reauthorization and financing, introducing the panelists who will be discussing the issue.

**Speaker Introductions**

Congressman Robert Gold and Fred Hochberg are introduced as key speakers at the event, with a focus on the important role of Exim Bank in supporting American jobs and exports.

**Congressman Gold’s Remarks**

Congressman Gold discusses the importance of reauthorizing Exim Bank in order to support job creation and boost the economy, particularly for small and medium-sized businesses in the US.

**Chairman Hochberg’s Comments**

Chairman Hochberg emphasizes the significance of increasing export credit financing to support US competitiveness in the global market, while also advocating for a reduction in the domestic content requirement to align with the current global supply chain dynamics.

**Gary Hufbauer’s Policy Recommendations**

Gary Hufbauer underscores the need for a substantial increase in Exim financing to support US exports, as well as a reduction in the domestic content requirement to better align with global supply chains. He also highlights the importance of encouraging other OECD countries to match China’s export financing practices and pressuring them to become more transparent.

**Discussion and Q&A**

The panelists engage in a discussion about the level of risk tolerance in export financing and the impact of Chinese state-owned enterprises on the global market. They also discuss the challenges and barriers faced by US companies in competing globally, and the need for a comprehensive approach to address these issues.

**Conclusion**

The panel concludes with a call to action for policymakers to consider a broad array of policies to support US competitiveness in the global marketplace, especially in light of the challenges posed by Chinese state-owned enterprises and export financing practices.

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