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Farmers First: Blocking Argentina Bailout for US Agricultural Relief

This law prohibits the use of a key government emergency fund (the Exchange Stabilization Fund) for financially supporting Argentina's markets. Instead, any money recovered from ending existing financial deals with Argentina will be redirected to American farmers. This provides one-time economic assistance to crop producers who faced losses due to export market issues in 2025.
Key points
Prohibits the Treasury Department's emergency fund from providing financial support to Argentina until December 2027.
Funds recovered from terminating existing financial contracts with Argentina will be allocated to agricultural relief.
Provides one-time payments to farmers whose crops were negatively impacted by the loss of export markets in 2025.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_6061
Sponsor: Rep. McClain Delaney, April [D-MD-6]
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Summarized by: gemini-flash-latest
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

American Farmers First Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_6061.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

What are the main provisions?

Key points include:

  • Prohibits the Treasury Department's emergency fund from providing financial support to Argentina until December 2027.
  • Funds recovered from terminating existing financial contracts with Argentina will be allocated to agricultural relief.
  • Provides one-time payments to farmers whose crops were negatively impacted by the loss of export markets in 2025.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. McClain Delaney, April [D-MD-6].

What is the latest detailed status?

The latest detailed status is: Sponsor introductory remarks on measure. (CR H4782)

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-31.

CATEGORIES

Agriculture Economy