Senators to question Export‑Import Bank chair as reauthorization looms

Senate Committee on Banking, Housing, and Urban Affairs · March 26, 2026

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Summary

The Export‑Import Bank's chair, John Jovanovic, was slated to appear before the Senate Banking Committee as senators weigh reauthorization ahead of the bank's December expiration; Sen. Tim Scott defended EXIM as a tool to support exporters and cited returns to the Treasury.

Export‑Import Bank Chair John Jovanovic was scheduled to appear before the Senate Committee on Banking, Housing, and Urban Affairs as senators consider reauthorizing the bank ahead of its December expiration, the interviewer said.

Sen. Tim Scott told the program the EXIM Bank is important to U.S. exporters and to competition with China. "It is about us beating China," he said, adding that the bank has "returned over $10,000,000,000 to the Treasury," which he presented as a benefit for taxpayers. Scott said the upcoming committee session would focus on EXIM's role in supporting exporters.

Next steps: the committee planned to watch the hearing and consider reauthorization details; no vote or legislative text was announced during the interview.