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Farm Credit System Competition

Issue

Farm Credit System Competition

Reconsidering the Significant Funding and Tax Advantages of the FCS

ABA Position

ABA believes Congress should reconsider the Farm Credit System’s significant funding and tax advantages in light of the FCS’ loss of mission focus, the dire state of the U.S. government’s finances and policymakers’ desire to make the tax code more equitable.

Policy Library
News

Policy Library

Comment Letter
Letter to FCA on the Proposed Loan Policies and Operations Rule
August 15, 2022
Letter to Congress & Regulators
ABA Letter to the House: Support H.R. 1872, the ECORA Act of 2019
March 9, 2020
Letter to Congress & Regulators
ABA Letter to the Senate: Support S. 1641, the ECORA Act of 2019
March 9, 2020
Testimony
Testimony of Shan Hanes before the House Agriculture Subcommittee on Commodity Exchanges, Energy, and Credit
December 11, 2019

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News

Article
Farm Credit returns excess insurance funds to system banks
March 12, 2025
Article
Farm Credit Watch: Ongoing FCS association consolidation increases taxpayer risk; Congress must re-examine the FCS mission
December 19, 2024
Article
Farm Credit Watch: Continuing consolidation within FCS increases likelihood of a FCSIC taxpayer bailout
September 28, 2024
Article
Farm Credit Watch: FCA board’s untenable situation, the risk of FCS consolidation, and is FCSIC truly actuarially sound?
July 30, 2024

In Depth

Our Experts

Ed Elfmann

Senior Vice President, Agricultural & Rural Banking Policy

For questions on agricultural and rural banking policy

Contact Edwin

Press Contact

Sarah Grano

(202) 663-5470

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