Tag Archives: Farm Credit System

​Keating Op-Ed: Farm Credit System Is Dangerous to Taxpayers

The Farm Credit System’s moves to lend far beyond the farm pose risks to taxpayers, ABA President and CEO Frank Keating said in an op-ed today in the Grand Forks, N.D., Herald. He noted FCS lenders’ financing for telecommunications mega-deals and luxury estates for the wealthy — even as the FCS enjoys federal tax subsidies and a federal line of ...

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