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Shining Light on Farm & Food Policy for 20 Years.
Monday, February 17, 2025
Farms and small businesses can start filing the ownership reports they are required to provide the federal government under a law intended to curb money laundering.
Farmers across the country are likely to be in for a surprise in 2024 when they must start filing disclosure reports with an obscure federal agency that is tasked with fighting money laundering and financial terrorism.
The biofuel and airline industries continue to wait on the Treasury Department to issue some critical guidance that will determine which feedstocks can qualify for a new tax credit for sustainable aviation fuel.
The biofuel industry is growing optimistic that a broad range of agricultural feedstocks, including soybean oil, will be eligible for a valuable new tax credit that’s intended to stimulate production of sustainable aviation fuel.
Lawmakers are back in session this week as leaders look to finish out committee rosters and clear the way for the House and Senate to start hearings on a range of oversight matters and legislative issues, including the farm bill.
Treasury Secretary Janet Yellen offered sharp criticism Wednesday of U.S. tariffs on Chinese goods, promising to “reconfigure” the import taxes even as her department continues a review.
Soaring prices for grains and other food commodities are starting to slow down global economic growth, fueling fresh calls for aid to poor countries and warnings about the impact that new trade restrictions could have on the crisis.
The Senate is set to confirm Treasury Secretary nominee Janet Yellen while formally starting an impeachment trial that threatens to slow down progress on President Joe Biden’s agenda.
The House will vote on a $1.5 trillion infrastructure bill that likely has no future in the GOP-controlled Senate but does provide a blueprint for what Democrats may try to do if they win control of the Senate in November.