Back to all bills
HR 6061119th CongressIntroduced
American Farmers First Act
Introduced: Nov 17, 2025
Sponsor: Rep. McClain Delaney, April [D-MD-6] (D-Maryland)
Standard Summary
Comprehensive overview in 1-2 paragraphs
The American Farmers Act prohibits the Treasury Department from using the Exchange Stabilization Fund to provide financial support to Argentina, including currency swap lines, peso purchases, or sovereign debt purchases. Instead, it redirects these funds to provide economic assistance payments to U.S. farmers who have been adversely impacted by loss of export markets during the 2025 marketing year.
Key Points
- 1Prohibits Exchange Stabilization Fund use for Argentina financial support
- 2Requires sale or termination of existing contracts violating the prohibition within 7 days
- 3Allocates proceeds from contract sales to the Secretary of Agriculture
- 4Provides one-time economic assistance payments to farmers affected by export market losses
- 5Applies to all crops adversely impacted during 2025 marketing year
- 6Includes exception for contracts terminated by December 10, 2027
Impact Areas
International financial policyAgricultural tradeFarm relief programsArgentina-U.S. relationsExchange Stabilization FundExport market access
Generated by kwaipilot/kat-coder-pro:free on Dec 6, 2025