Farm Credit System

Preventing the Farm Credit System (FCS) from expanding its charter and further exploiting its tax-advantage and unique government sponsored enterprise (GSE) retail lending authority to compete unfairly with banks, the FCS proposed HORIZONS Project being one example.​

ABA's​ Position

ABA believes Congress should reconsider the Farm Credit System’s significant funding and tax advantages in light of the FCS’ loss of mission focus, the dire state of the U.S. government’s finances and policymakers’ desire to make the tax code more equitable.




 Letters to Congress/Regulators




​Questions? For more information, contact Ed Elfmann.​


 ABA Staff Contact

  • Ed Elfmann, Vice President, ABA Congressional Relations



 Other Resources