Ex-Im operates under the authority of the Export-Import Bank Act of 1945, as amended.3 It is an independent agency of the U.S. government.4 Ex- Im's mission is to support jobs in the United States by facilitating the export of U.S. goods and services. In fiscal year 2012, Ex-Im authorized about $35.8 billion, for 3,796 transactions, to support U.S. exports.5 Ex-Im is part of the U.S. Trade Promotion Coordinating Committee, an interagency committee chaired by Commerce and tasked with coordinating the export promotion and financing activities of federal agencies. Ex-Im is also a key participant in the National Export Initiative, a strategy announced in 2010 to double U.S. exports by 2015 to support U.S. employment.