HR. 1063In Committee
Farm Credit Administration Independent Authority Act
Designates the Farm Credit Administration as the sole regulator of the Farm Credit System and shifts small farmer demographic reporting from CFPB requirements to FCA oversight
Plain-English overview
What this bill does
Designates the Farm Credit Administration as the sole regulator of the Farm Credit System and shifts small farmer demographic reporting from CFPB requirements to FCA oversight
Key points
- Require small farmer demographic reporting
- Direct annual FCA public reporting
- Designate FCA sole regulator
- Exempt FCS institutions from ECOA reporting
Current status
Where it stands
Status
In Committee
Latest action
2025-03-07 — Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
Related context
Topics and policy areas
undefinedAgriculture and Food