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Farm Credit System: Lending Anywhere But on the Farm - Part II, The
Bert Ely of Ely & Company Inc. produced "The Form Credit System: Leading Anywhere But on the Farm" in 2006 under a grant from the American Bankers Association. The paper documents how the Farm Credit System is aggressively seeking to increase its off-farm lending activities. This excerpt from the report...
Contact Congress now.(American Bankers Association)(Credit Union Regulatory Improvements Act)(Brief Article)
ABA is calling on bankers to write their representatives and urge them to oppose the Credit Union Regulatory Improvements Act (H.R. 2317). ABA is calling on bankers to write their representatives and urge them to oppose the Credit Union Regulatory Improvements Act (H.R. 2317).
Rabobank proposal sparks debate on role of FCS in farm & rural lending
Editor's Note: in late October, FCSAmerica announced that it was breaking off negotiations to sell to Rabobank (see page 35). However, the issues raised during the Congressional hearing about the future of FCS in rural America remain of great importance. A Congressional hearing Sept. 29 in Washington, D.C., examined...
A Look at the Second Session
No one should expect that the second session of the 108th Congress will be wildly productive, legislatively speaking. After all, it's an election year. We can't expect a repeat of 2003, in which members of Congress introduced nearly 7,000 pieces of legislation - reportedly a record. Of course, not all...
ABA gives 'bona fide' recommendations for Farm Credit System
Pennsylvania banker and farmer Mike Firestine used a Farm Credit Administration FCA hearing last month to present the American Bankers Association's recommendations to curb lending abuses by the Farm Credit System. "The Farm Credit System has a unique and limited charter for a reason," said Firestine, senior vice president and...
A sense of new year's resolve
Banking Trends in Washington As we welcome the 108th Congress to Washington this month, it's with the hope and expectation that our lawmakers will be able to focus more of their time and energy on issues affecting financial services institutions. The previous Congress understandably devoted much of its time...
Playing the new monopoly.(American Bankers Association lobbies to Congress)(Brief Article)
ABA recently staged the Washington equivalent of guerrilla theater against the National Association of Realtors, countering their annual lobbying conference by distributing Monopoly game sets to all 535 members of Congress with a cover note reading, ABA recently staged the Washington equivalent of guerrilla theater...
Political animals
BUT NOT ALL OF WHAT TRANSPIRES WORKS IN FAVOR OF BANKING-USUALLY THE OPPOSITE, IN FACT. NOT TO WORRY, THE BANKING LOBBYISTS ARE ON THE JOB. INSIDE THE BEEHIVE that is our nation's capital, the banking lobbyists are at it day in and day outdoggedly meeting, greeting, extrapolating, exaggerating, and...
How did we do? (American Bankers' Association activity during 1997)(Column)
As I finish my term as president, here's an update on three key fronts of ABA activity this year: 1. Lobbying for competitive equity. For banks to thrive, we need modern financial laws that give us the same flexibility and versatility as our...
Why am I doing this? (Howard McMillan, president of the American Bankers Association)
Howard McMillan, president of the American Bankers Association for 1994-95 and president of Deposit Guaranty National Bank, hopes to foster unity in the banking industry around core issues. Bank unity could force Congress to pass favorable regulations. McHoward McMillan, president of the American Bankers Association for 1994-95 and president of...
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Industry Transcripts by Seeking Alpha
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