Legis Daily

American Farmers First Act

USA119th CongressHR-6061| House 
| Updated: 11/19/2025
April McClain Delaney

April McClain Delaney

Democratic Representative

Maryland

Cosponsors (8)
John W. Mannion (Democratic)Mark Pocan (Democratic)Chrissy Houlahan (Democratic)Andrea Salinas (Democratic)Haley M. Stevens (Democratic)Glenn Ivey (Democratic)Josh Riley (Democratic)Kweisi Mfume (Democratic)

Agriculture Committee, Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
The "American Farmers Act" aims to redirect federal financial resources by prohibiting the use of the Department of the Treasury's Exchange Stabilization Fund for financial support to Argentina. This prohibition specifically includes currency swap lines, the purchase of pesos or sovereign debt, and the extension of credit instruments to Argentina, with the restriction set to expire on December 10, 2027. Furthermore, the bill mandates that any existing financial contracts or instruments with Argentina that violate this prohibition must be sold or terminated within seven days of the bill's enactment. The proceeds generated from these sales or terminations are then to be allocated to the Secretary of Agriculture. These funds will be utilized to establish a Farmer Economic Relief Program , providing one-time economic assistance payments to agricultural producers whose crops were adversely affected by the loss of export markets during the 2025 marketing year.
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Timeline
Nov 17, 2025
Introduced in House
Nov 17, 2025
Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Nov 19, 2025
Sponsor introductory remarks on measure. (CR H4782)
  • November 17, 2025
    Introduced in House


  • November 17, 2025
    Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.


  • November 19, 2025
    Sponsor introductory remarks on measure. (CR H4782)

Foreign Trade and International Finance

American Farmers First Act

USA119th CongressHR-6061| House 
| Updated: 11/19/2025
The "American Farmers Act" aims to redirect federal financial resources by prohibiting the use of the Department of the Treasury's Exchange Stabilization Fund for financial support to Argentina. This prohibition specifically includes currency swap lines, the purchase of pesos or sovereign debt, and the extension of credit instruments to Argentina, with the restriction set to expire on December 10, 2027. Furthermore, the bill mandates that any existing financial contracts or instruments with Argentina that violate this prohibition must be sold or terminated within seven days of the bill's enactment. The proceeds generated from these sales or terminations are then to be allocated to the Secretary of Agriculture. These funds will be utilized to establish a Farmer Economic Relief Program , providing one-time economic assistance payments to agricultural producers whose crops were adversely affected by the loss of export markets during the 2025 marketing year.
View Full Text

Suggested Questions

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Timeline
Nov 17, 2025
Introduced in House
Nov 17, 2025
Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Nov 19, 2025
Sponsor introductory remarks on measure. (CR H4782)
  • November 17, 2025
    Introduced in House


  • November 17, 2025
    Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.


  • November 19, 2025
    Sponsor introductory remarks on measure. (CR H4782)
April McClain Delaney

April McClain Delaney

Democratic Representative

Maryland

Cosponsors (8)
John W. Mannion (Democratic)Mark Pocan (Democratic)Chrissy Houlahan (Democratic)Andrea Salinas (Democratic)Haley M. Stevens (Democratic)Glenn Ivey (Democratic)Josh Riley (Democratic)Kweisi Mfume (Democratic)

Agriculture Committee, Financial Services Committee

Foreign Trade and International Finance

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted