Reform Farm Credit is a campaign that is made up of voters, taxpayers, small farmers, good government organizations and local agricultural lenders. It has two primary missions:
- To educate Americans about how the Farm Credit System, a government-sponsored enterprise, no longer serves the people it was created to serve and puts American taxpayers at risk by making large, non-agricultural loans;
- To advocate for better oversight and significant reforms of the Farm Credit System by the US Congress.
Unless we return the Farm Credit System to its original mission, taxpayers could be on the hook for a bailout in the near future and farmers’ access to credit could be reduced.
Rep. Marlin Stutzman, "Keep Farm Credit System Focused on the Farm" op-ed, 7/8/2014
(The Farm Credit System’s) mission has crept over time to expand well beyond agriculture mortgages, and in fact less than half of its business now comes from agricultural real estate lending.
Former Massachusetts Rep. and Financial Services Chairman Barney Frank, 2/28/2007
Farm Credit’s size “makes me question the impact the FCS has on traditional, private US financial markets, and whether the appropriate amount of regulation and Congressional oversight is being exercised over such a large enterprise.”
Rep. Mick Mulvaney, letter to the Farm Credit Administration, 3/2/2015