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Shining Light on Farm & Food Policy for 20 Years.
Saturday, December 21, 2024
A federal judge in Texas has blocked the federal government from requiring small businesses, including farms, to start filing reports disclosing their ownership. The disclosure requirement, which the judge described as “quasi-Orwellian,” is intended to combat money laundering and other financial crimes.
President-elect Donald Trump has picked hedge fund manager and Scott Bessent as his Treasury Secretary nominee, prompting criticism from Senate Finance Democrats of "rich political donor" potentially helming the department.
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.
Banning the use of foreign biofuel feedstocks such as used cooking oil for a new tax credit could result in retaliation against U.S. farm exports, Agriculture Secretary Tom Vilsack said Tuesday.
Biofuel and farming organizations across the country want USDA to dismantle mandatory combinations of climate-smart agriculture practices to qualify for biofuel tax credits, and the groups suggest moving to a simplified accounting system to propel the industry's growth.
Producers of biodiesel and renewable diesel who say federal biofuel mandates have not been enough to expand their markets sufficiently face a new challenge at the end of the year — the expiration of a $1-a-gallon tax subsidy that has helped maintain the industry for several years.
The Agriculture Department is seeking input on how to measure reductions in greenhouse gas emissions from crops grown as biofuel feedstocks, part of an effort to increase production of sustainable aviation fuel.
Democratic members of the House Agriculture Committee met with Senate Ag Chairwoman Debbie Stabenow and House Minority Leader Hakeem Jeffries on Wednesday afternoon and left reiterating concerns about the GOP farm bill proposal.
