Lawmakers Introduce New Legislation to Include US Fishing Industry in Federal Farm Credit Program
Yesterday, U.S. Senator Angus King (I-ME), Congresswoman Chellie Pingree (D-ME), U.S. Senator Lisa Murkowski (R-AK), and U.S. Representative Clay Higgins (R-LA) introduced a bipartisan, bicameral legislation that would extend the Farm Credit System (FCS)—which was founded in 1916 and currently offers support to service providers for farmers, ranchers, and loggers—to fishing communities across the country, thereby allowing fishing businesses to access existing agricultural loan programs.
Currently, the FCS exists as a network of lending institutions, providing credit to the American...
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