Bill · H.R. 6061· House(119-HR-6061)
American Farmers First Act
- Introduced
- 11/17/2025
- Last activity
- 1/13/2026 — Subcommittee on General Farm Commodities, Risk Management, and Credit Discharged
- Sponsored by
- April McClain Delaney
- Cosponsors
- - 8 - 0
- Introduced
- In Committee
What this bill would do
This bill, known as the ``American Farmers First Act'', seeks to change how the Exchange Stabilization Fund is used. It prohibits the Department of the Treasury from using the fund to bail out Argentina's financial markets through methods like currency swaps or debt purchases. Instead, any money from the sale or termination of such prohibited instruments will be redirected. This funding will be sent to the Secretary of Agriculture to provide relief for farmers. The goal is to provide one-time economic assistance to producers whose crops were impacted by a loss of export markets during the 2025 marketing year.
Yes· 3 of 6
Would farmers be better off under this?+8
The bill establishes a program to provide one-time economic assistance payments to crop producers who lost export markets.
Would people in rural areas be better off under this?+5
The bill provides economic relief to agricultural producers, which benefits rural economies.
Does this make it easier to run a small business?+5
The bill provides targeted economic relief to crop producers who lost export markets.
The opposite
Does this strengthen ties with allied countries?-4
The bill prohibits financial support and mandates the termination of financial contracts with Argentina.
Who it would affect, and how
Potential Positive Impacts for People
-
Economic assistance for farmers: The bill directs the Secretary of Agriculture to use proceeds to make one-time economic assistance payments to producers of crops that were adversely impacted by the loss of export markets during the s 2025 marketing year (Section 3(b)).
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Redirection of funds: The act stops the use of the Exchange Stabilization Fund for providing direct or indirect financial support to Argentina, such as purchasing pesos or sovereign debt (Section 2).
Potential Negative Impacts for People
- Mandatory termination of financial contracts: Any financial contract or instrument entered into before the enactment of this law that provides support to Argentina must be sold or terminated within 7 days (Section 2).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Farmers+8Good For Rural Residents+5Good For Low Income Households+2Good For Middle Class Households+2
- Economy And Finance
- Improves Small Business Support+5Improves Economic Growth+3
- National Security And Foreign Policy
- Improves International Alliances-4
- 1/13/2026
- Subcommittee on General Farm Commodities, Risk Management, and Credit Discharged
- 12/9/2025
- 1 Cosponsor added.
- 12/5/2025
- Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
- 11/19/2025
- Sponsor introductory remarks on measure. (CR H4782)
- 1 Cosponsor added.
- 11/18/2025
- 2 Cosponsors added.
- 11/17/2025
- 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.
- 4 Cosponsors added.
- Introduced in House
Chrissy HoulahanDemocrat · Pennsylvania
Glenn IveyDemocrat · Maryland
Kweisi MfumeDemocrat · Maryland
John MannionDemocrat · New York
Mark PocanDemocrat · Wisconsin
Josh RileyDemocrat · New York
Haley StevensDemocrat · Michigan
Andrea SalinasDemocrat · Oregon