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Balanced Reporting. Trusted Insights.
Wednesday, April 02, 2025
Farm groups are breathing a collective sigh of relief that congressional Democrats have dropped the idea of taxing capital gains at death, preserving the benefits of stepped-up basis. But many may still need to start talking to their tax advisers about just what’s in the legislation and how it could affect their tax planning.
Secretary of Agriculture Tom Vilsack named Randy Moore as the new chief of USDA’s Forest Service and the California Legislature appointed Sen. Connie Leyva of Chino to serve as a nonvoting member on the Air Resources Board.
Ag Secretary Tom Vilsack is meeting with climate advisers today as he moves ahead on what will be a top priority for his tenure. So far, he’s divulging little about the department’s plans or timetable for addressing the issue. But he does say USDA will be heavily focused on building a case for programs Congress could implement in the next farm bill, due in 2023.
The Senate is finally set to vote today on sending Tom Vilsack back to USDA for a new stint as agriculture secretary, more than a month after Joe Biden became president.
The Senate Agriculture Committee is expanding its membership with three new Democrats, who could give the committee a push to the left on some issues, including climate policy.
President-elect Joe Biden has selected some familiar names to lead key agencies in his new administration, including Tom Vilsack to lead the Department of Agriculture.
Joe Biden's decision to nominate Tom Vilsack to run the Agriculture Department for a second time will give Biden a policy veteran who shares his passion for addressing climate change and already has relationships with critical lawmakers and farm groups.
Farm groups are pledging to work with whomever President-elect Joe Biden picks for agriculture secretary and are steering clear of announcing a favorite for the position.
Secretary Perdue appointed Parag Chitnis as acting director of the National Institute of Food and Agriculture and has announced the appointment of 15 members to serve on the advisory committee on minority farmers.