Tag Archives: Farm Credit System

ABA Opposes Farmer Mac Governance Reshuffle

ABA yesterday urged the Farm Credit Administration to withdraw a proposed change to the governance structure of Farmer Mac that could negatively alter the relationship between Farmer Mac and its lender-shareholders.

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Congressman Seeks GAO Audit of Farm Credit System

Rep. Marlin Stutzman (R-Ind.) on Friday wrote to the Government Accountability Office to request an audit and study of the Farm Credit System’s impact “on taxpayers, the agriculture community and the private banking industry.”

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New Infographic Shows How Farm Credit Lost Its Way

ReformFarmCredit.org today posted a new infographic, “Betting the Farm,” that illustrates how the Farm Credit System has lost its way, providing credit for big non-farm businesses at the expense of small farmers and American taxpayers.

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​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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