Tag: senate

Supplemental Farmer Aid – Increased Loan Limits – May Be Considered

Posted on
by LICA-National

Senate Ag Committee Chairman John Boozman (R-AK), and Senate Ag Appropriations Subcommittee Chairman John Hoeven (R-ND), released the framework of a proposal to provide additional financial assistance to farmers, including specialty growers and sugar producers, to augment the $12 billion Farmer Bridge Assistance program announced by the Trump administration in December. The package could be added to the FY 26 funding package that Congress must pass by January 30 to avoid a partial government shutdown. Although the amount was not specified, Agri-Pulse reports that a $15 billion package is being discussed.


View More →

Farm Bill Extended for One Year in Funding Deal

Posted on
by LICA-National

A stopgap government funding bill that includes a one-year extension of the 2018 farm bill easily passed the GOP-controlled House Tuesday after Democrats more than made up for the desertion of hardline GOP conservatives who were unhappy the legislation includes no spending cuts. The Senate approved a similar bill Wednesday night.


View More →

How Financial World Views New House Speaker

Posted on
by LICA-National

Plenty of people in Washington and senators have been googling Mike Johnson since he ascended to the speaker’s office this week. Bank lobbyists have been doing the same. The 51-year-old Republican from Louisiana is a mystery to the financial world’s most influential advocates. More than one lobbyist we asked described Johnson as a “black box.” “General sentiment in our world is that he is a totally unknown figure,” one official working for a top bank trade group said. That being said, Johnson’s no stranger to their campaign contributions. Whether it is banking, health, foreign affairs or any other issue before Congress, many believe fresh leadership in the House can unify the majority actively deal with the Senate and Administration on critical issues before the Congress.

Congress Looks to Close the Books on 2022

Posted on
by LICA-National

The annual end of the year battle is taking place as Congress must pass legislation to fund the government before leaving town for the year. This is done in the spirit of Christmas and attempts by leadership in making – or not making because not everyone has been nice - the final bill a Christmas tree full of gifts, and additional spending. Certain Republicans, preparing for their recently won, albeit narrow majority, are making waves about what not to spend money on with threats of holding the final bill hostage and potentially shutting down the government. Trust me, no Member of Congress wants to be in Washington for the holidays!


View More →

Have You Held Off that DC trip? Now May Be the Time to Visit!

Posted on
by LICA-National

Another sign that life may be getting back to normal is the DC and the Capitol areas are opening up again to the public. If you have been thinking about heading east and visiting your senators or representative, drop me an email – nyaksich58@gmail.com and let me help arrange your visit on the Hill and around town. More than happy to have you take advantage of being an advocate for LICA!


View More →

Senate Approves Historic Infrastructure Bill

Posted on
by LICA-National

While the political maneuvering continues in the House, industry and business groups reacted favorably to a massive, comprehensive, bipartisan highway, transit, water, broadband construction bill. Here’s some reaction: American Farm Bureau Federation President Zippy Duvall on the Senate passage of the Infrastructure Investment and Jobs Act.


View More →