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Project 2025 › Chapter 23 › Proposal

Abolish the Export-Import Bank

Mandate for Leadership: The Conservative Promise, chapter 23, p. 723. Written by Veronique de Rugy, Jennifer Hazelton.

Abolish the Export-Import Bank

The document says “should”Who acts: CongressHow: legislationIn: The Export–Import Bank Should Be Abolished · Veronique de Rugyp. 723 in the PDF
What the document says

“The Export–Import Bank should be abolished because it wastes taxpayer money, adversely affects American businesses, and does not promote economic growth”

Mandate for Leadership: The Conservative Promise, p. 723

This is the conclusion of the first of the chapter's two essays. It argues that the bank's support is concentrated among a small number of large firms, that it disadvantages American companies that do not receive it, and that it does not add to growth overall.

What the document actually says

“The Export–Import Bank should be abolished because it wastes taxpayer money, adversely affects American businesses, and does not promote economic growth”

Mandate for Leadership: The Conservative Promise, p. 723
That sentence, in plain words

Close the Export-Import Bank. It wastes public money and does not help the economy.

What this is about

This bank helps American firms sell abroad. It lends money or backs loans. The first essay says it wastes public money. It says the bank should close.

What is disputed
What this means is contested

The chapter itself contains the opposing case. The second essay, by Jennifer Hazelton, argues the bank should be kept and strengthened to counter China. Neither essay is presented as the chapter's conclusion.

Read against the documents indexed here on August 26, 2026, and nothing was found that answers this. Nothing indexed abolishes the Export-Import Bank or ends its funding. EO 14415 mentions the bank only in a savings clause, preserving its lending to the strategic critical minerals reserve known as Project Vault from the order's domestic sourcing requirements. The record runs the other way in several places: EO 14241 directs the bank's president to issue guidance on mineral financing tools, EO 14299 leverages the bank to finance exports of American civil nuclear technology, and EO 14307 directs it to support exports of American made drones. The two export control emergency notices among the candidates concern the export control regulations, not the bank. That is a record of a search, not a finding that nothing has happened: an act this site does not hold, or one that answers the proposal in words unlike its own, would not be caught by it.

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How to cite this
  1. The document itself

    Mandate for Leadership: The Conservative Promise, edited by Paul Dans and Steven Groves (The Heritage Foundation, 2023), p. 723.
    https://static.heritage.org/project2025/2025_MandateForLeadership_FULL.pdf

  2. This page

    “Abolish the Export-Import Bank,” Project 2025, chapter 23, p. 723. Read the Mandate, https://readthemandate.org/project-2025/proposal/ch23-abolish-eximbank/ (retrieved October 7, 2026).

Cite the document when the claim is about what the document says. Cite this page when the indexing, the wording or the record of what has happened is what is being relied on.

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The quotation is the document's own words, exactly as printed, checked against the page number against the book itself before publishing. The paragraph underneath is our summary, not the document's words. So is the plain English version, which is why it sits beside the quotation rather than replacing it.

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