keep PART 404—INFORMATION DISCLOSURE
This regulation establishes the Export-Import Bank's procedures for implementing the Freedom of Information Act (FOIA), including request submission methods, processing timelines, fee schedules, handling of confidential commercial information under Exemption 4, inter-agency consultations, and appeals processes. It also mandates proactive disclosure of transaction data on data.exim.gov.
FOIA transparency is a critical check on government power, enabling citizens to hold EXIM accountable for its use of taxpayer funds and export credit decisions that distort markets. These procedural rules prevent arbitrary denials, ensure timely responses, protect legitimate confidential information, and provide an appeals process—all necessary for meaningful oversight. Removing them would create uncertainty, delay access to public information, and undermine a vital constraint on bureaucratic overreach.