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Shining Light on Farm & Food Policy for 20 Years.
Friday, November 22, 2024
Donald Trump has reclaimed the presidency, and Republicans will take charge of the Senate in January. Those results have big implications for a lot of issues, including trade and immigration as well as tax and regulatory policy that are critical to agriculture.
Agricultural technology theft, acquisition of land near military sites and illegal access to precision agriculture data are a few of the potential risks presented by the Chinese Communist Party that the House Agriculture Committee weighed Wednesday in an hours-long hearing.
The Senate voted overwhelmingly Tuesday to bar investors from China, Russia, Iran and North Korea from buying U.S. farmland and require the Committee on Foreign Investment in the U.S. to review land purchases by investors from any other foreign country totaling more than $5 million or 320 acres.
Members of the House Select Committee on the Chinese Communist Party have proposed a bill that would to expand the Committee on Foreign Investment in the U.S.'s jurisdiction over land purchases and require the panel to take food security into account in its reviews.
House Democrats accused Republicans of breaking the debt ceiling agreement by advancing a fiscal 2024 spending bill for USDA and FDA that would cut funding to near FY22 levels while also relying on funding rescissions that have little chance of being enacted.
Agriculture Secretary Tom Vilsack sparred with House Republicans over the Supplemental Nutrition Assistance Program in what could be an opening skirmish in a battle over potential program cuts as Congress considers a new farm bill.
Congressional unease over foreign investment in the U.S. agriculture sector has spawned a heap of proposals meant to give agricultural acquisitions additional scrutiny in reviews by the Committee on Foreign Investment in the United States.
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