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US HB6061

Bill

Official Source

Status

Introduced

11/17/2025

Primary Sponsor

April McClain-Delaney

Click for details

Origin

House of Representatives

119th Congress

AI Summary

  • Prohibits the Treasury Department's Exchange Stabilization Fund from providing financial support to Argentina, including currency swap lines, peso purchases, sovereign debt purchases, or credit instruments
  • Requires any existing financial contracts with Argentina that violate the prohibition to be sold or terminated within 7 days of enactment
  • Prohibition on Argentina financial support expires on December 10, 2027
  • Directs proceeds from terminated Argentina financial contracts to the Secretary of Agriculture for a farmer relief program
  • Secretary of Agriculture must use allocated proceeds to make one-time economic assistance payments to crop producers adversely impacted by loss of export markets during the 2025 marketing year

Legislative Description

American Farmers First Act

Foreign trade and international finance

Last Action

Sponsor introductory remarks on measure. (CR H4782)

11/19/2025

Committee Referrals

Financial Services11/17/2025

Full Bill Text

No bill text available