Author Bert Ely

Bert Ely

Bert Ely is a consultant specializing in banking issues. He writes ABA's Farm Credit Watch.

ABA Banking Journal

In the latest Farm Credit Watch, Bert Ely highlights the notable lack of transparency around Farm Credit Administration board meetings. While government agencies are required to be open and accessible to the public except under certain circumstances, Ely raised concerns that FCA has been requiring attendees to its public virtual meetings to pre-register, which he said “represents a deliberate attempt by the regulatory body to discourage the monitoring of its actions.”

Ag Banking

The FCS, America’s least known government-sponsored-enterprise, has an excessively complex and increasingly obsolete organizational structure. … Simplifying the structure of the FCS would improve its operating efficiency, which presumably would benefit its member/borrowers, while strengthening the FCA’s safety-and-soundness regulation of the FCS.

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