To permanently reform quorum requirements for the Board of Directors of the Export-Import Bank of the United States to ensure continuity of operations.

119th Congress Introduced by Josh Gottheimer and 1 co-sponsor

HR 10165 would permanently reform EXIM Bank’s quorum rules to ensure the board can meet and act without paralysis, stabilizing operations and financing decisions.

Introduced in House

Summary of HR 10165 (119th Congress)

Purpose and intent

HR 10165 seeks to permanently reform how quorum is determined for the Board of Directors of the Export-Import Bank of the United States (EXIM).

The overarching goal is to ensure continuity of operations and prevent disruption due to quorum issues, enabling the bank to function effectively in fulfilling its mission to support U.S. exporters and related financial activities.

Key provisions and changes

Permanently address quorum requirements for EXIM’s Board of Directors. The bill changes or codifies rules governing when the board can meet and take official actions, with the aim of avoiding paralysis or delays caused by insufficient members.

The reform is designed to provide a stable operational framework, reducing the risk that routine approvals, credit decisions, or other critical actions are blocked due to temporary or ongoing quorum shortfalls.

By codifying a new quorum framework, the bill seeks to provide clarity for EXIM staff, lenders, borrowers, and market participants about the bank’s ability to conduct business and approve transactions.

Who/what would be affected

The primary entity affected is the Export-Import Bank of the United States and its Board of Directors.

Stakeholders likely to be influenced include:

U.S. exporters and manufacturers relying on EXIM-backed financing and guarantees.
Financial institutions and lenders that partner with EXIM for credit insurance, guarantees, or direct loans.
borrowers seeking financing for international sales and projects supported by EXIM programs.

Operational impact on EXIM staff and management, who would operate under a clarified quorum regime.

Procedural and timeline aspects

Status: Introduced in the House and referred to the Committee on Financial Services (as of 2026-08-27).

Sponsorship: Co-sponsored by Rep. Josh Gottheimer and Rep. Mike Lawler.

Next steps typically include committee deliberations, potential markups, and floor consideration; the bill would need to pass both chambers and receive the President’s signature to become law.

Since the reform is described as permanent, it is intended to be a lasting statutory change rather than temporary or sunset-based.

Potential impact and considerations

Positive impact: Reduced risk of operational disruption at EXIM due to quorum constraints; greater certainty for counterparties and markets in EXIM-backed transactions.

Considerations: The bill would need to be analyzed for specifics on how quorum is calculated (e.g., number of directors, voting thresholds) and any special rules during vacancies or recesses to ensure consistent decision-making.

Fiscal impact: Not specified in the summary information; EXIM-related changes can influence the bank’s decision-making pace and risk profile, with downstream effects on cost of financing and government exposure.

If you’d like, I can tailor this summary to include a side-by-side comparison with current EXIM quorum rules or extract potential fiscal implications from the bill’s text once available.