Washington Post Article Pulls Back Curtain on the FCS
On April 11, The Washington Post ran a long and very critical article on the FCS that was neatly summarized...
Ag Banking
Washington Post Article Spotlights ABA Efforts to Rein in Farm Credit
A lengthy Washington Post article yesterday focuses on the extensive non-farm lending of the Farm Credit System and highlighted efforts...
In 2015, Almost Half of FCS Lending Goes to Just 4,458 Borrowers
Just 4,458 persons or entities had each borrowed at least $5 million from the FCS in 2015. Can taxpayer-subsidized financing...
ABA Seeks More Flexibility, Funding for USDA Guaranteed Loan Programs
ABA yesterday sent letters to the leaders of the House and Senate appropriations subcommittees on agriculture that expressed support for...
Farm Banks Report Robust 2015 Performance
Farm banks increased their agricultural lending by 7.9 percent in 2015 and held $100.3 billion in ag loans at year’s...
ABA, Farm Groups Oppose Cuts to Farm Programs
ABA and more than 250 other farm-related groups today wrote to the leaders of the congressional appropriations and budget committees,...
CFPB Sets Up ABA-Advocated Rural Designation Appeal Process
The Consumer Financial Protection Bureau today issued a final rule establishing a process by which a businesses and individuals can...
ABA, Associations Urge Congress to Protect Crop Insurance
In a joint letter yesterday, ABA and several farming industry groups called on congressional budget committees to protect crop insurance...
Farm Credit Council Blasts Letter ABA Sent to House Ag Leaders
The council’s five-page, histrionic rebuttal makes numerous false assertions about the FCS’s lending and other practices that House Ag Committee...
FCA Has Yet to Respond to Congress’s Questions
Usually witnesses, especially those from a federal agency overseen by the committee whose members posed the questions, respond quickly and...
