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Future of Farm Loan Agencies in Doubt
A three way fight over farm loan control pits the Farm Bureau and National Council of Farm Cooperatives against the National Farmers Union and allies. The Flannagan bill would place farm credit agencies under a bipartisan presidential board outside the Agriculture Department. Proponents say independence avoids gaps and duplication. others favor keeping agencies inside agriculture with advisory and executive leadership. The Farmers Union warns the bill could kill the Farm Security Administration and keep credit agencies in the department.
MENTIONED IN THIS ARTICLE
Frake
Department of Agriculture
Department
Farm Bureau Federation
National Council of Farm Co-operatives
National Grange
Con. John W. Flannagan Jr
Secretary of Agriculture
Progressive National Farmers Union
Harold Cooley
N. C
Reid F. Murray
Wis
Farmers’ Home Corporation
Federal Housing Administration
D. of A
Farm Credit Administration
Farm Security Administration
Federal Land Banks
Production Credit Corporation
Federal Intermediate Credit Banks
Federal Farm Mortgage Corporation
Banks For
Regional Agricultural Credit Corporation
National Council of Farm Cooperatives
Farm Credit
Federal Reserve System
Sec
Agriculture
Clinton P. Anderson
FCA
Anderson
Flannagan
House Agricultural Committee
House
Senate
Farmers Union
FSA