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The Farm Credit Administration is an independent agency of the Executive Branch of the federal government of the United States.It regulates and examines the banks, associations, and related entities of the Farm Credit System, a network of borrower-owned financial institutions that provide credit to farmers, ranchers, and agricultural and rural utility cooperatives, as well as provides ...
The Farm Credit System (FCS) in the United States is a nationwide network of borrower-owned lending institutions and specialized service organizations. The Farm Credit System provides more than $373 billion (as of 2022) [1] in loans, leases, and related services to farmers, ranchers, rural homeowners, aquatic producers, timber harvesters, agribusinesses, and agricultural and rural utility ...
The percentage of Americans who live on a farm diminished from nearly 25% during the Great Depression to about 2% now, [8] and only 0.1% of the United States population works full-time on a farm. As the agribusiness lobby grows to near $60 million per year, [ 9 ] the interests of agricultural corporations remain highly represented.
Farm Credit System Reports 2013 Second Quarter and Six-Month Net Income NEW YORK--(BUSINESS WIRE)-- The Farm Credit System today reported combined net income of $1.104 billion and $2.246 billion ...
The Farm Credit Act of 1933 (48 Stat. 257) was first passed on June 16, 1933, the last day of President Franklin D. Roosevelt's "Hundred Days" initiative, an effort by his administration to quickly put in place measures to fight the Great Depression. The Act eliminated earlier provisions relating to government capitalization of the System, and ...
Farm Credit System Reports First Quarter 2013 Combined Results NEW YORK--(BUSINESS WIRE)-- The Farm Credit System today reported that combined net income increased $90 million or 8.6% to $1.142 ...
Many political appointees have had their pay rate frozen at lower levels. [3] According to 5 U.S.C. § 5318, at the beginning of the first pay period for any position under the Executive Schedule, the amount of pay will be adjusted and rounded to the nearest multiple of US$100. If this amount is found to be midway between multiples of $100 ...
The CCC and AAA were permanent. The third program was the temporary Farm Credit Administration (FCA) which refinanced farm mortgages in 1934–1935, at lower interest rates. [14] Farm bills gave financial assistance to farmers who were struggling due to an excess crop supply creating low prices, and also to control and ensure an adequate food ...