Browsing: Farm Credit System


In a letter to the House Agriculture Committee today, ABA President and CEO Rob Nichols called on members of Congress to more closely examine the activities of the Farm Credit System, citing a number of ways in which the GSE has been allowed to operate outside the scope of its mission.

Ag Banking

Usually witnesses, especially those from a federal agency overseen by the committee whose members posed the questions, respond quickly and fully to those questions. It is not smart for an agency to do otherwise. However, the FCA seems to be the exception as 57 days later it still has not answered the questions put to it at the hearing.

Ag Banking

The House Agriculture Committee is scheduled to hold a hearing on the Farm Credit Administration (FCA). The proposed hearing date is Wednesday, Dec. 2. The purpose of the hearing will be to examine the performance of the FCA as the FCS’s regulator.

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