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New Bill: Representative Eugene Vindman introduces H.R. 5010: Farm Credit Adjustment Act

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We have received text from H.R. 5010: Farm Credit Adjustment Act. This bill was received on 2025-08-19, and currently has 1 cosponsor.

Here is a short summary of the bill:

This bill, known as the Farm Credit Adjustment Act, proposes an amendment to the Farm Credit Act of 1971. This amendment gives the Farm Credit Administration (FCA) the option to conduct examinations of certain low-risk institutions within the Farm Credit System every 24 months instead of the current requirements for more frequent examinations.

Key Provisions

  • The bill allows the FCA to exercise discretion in determining the frequency of mandatory examinations for low-risk institutions.
  • Instead of inspections being conducted at least once a year, the FCA can extend the period to every two years for institutions classified as "low-risk."
  • The bill specifies that this change would be effective starting on October 1, 2026.

Purpose of the Bill

The purpose of the Farm Credit Adjustment Act is to provide more flexibility to the FCA in regulating low-risk institutions. By allowing longer intervals between required examinations, it may reduce the regulatory burden on these institutions and potentially lower operational costs. This flexibility aims to streamline oversight for institutions that are deemed stable and low-risk.

Administrative Impact

The changes proposed in this bill would focus specifically on institutions within the Farm Credit System that meet the criteria for being classified as low-risk. It provides a more efficient regulatory approach targeted at institutions that pose minimal risk to the financial system, thus allowing regulatory resources to be allocated more effectively.

Implementation Date

The provisions set forth in this bill are intended to come into effect on October 1, 2026, giving the FCA time to adjust its regulatory frameworks accordingly.

Relevant Companies

  • None found

Representative Eugene Vindman Bill Proposals

Here are some bills which have recently been proposed by Representative Eugene Vindman:

  • H.R.5011: Violent Antisemitism Threat Assessment Act
  • H.R.5010: Farm Credit Adjustment Act
  • H.R.4826: Cutting Paperwork for Taxpayers Act
  • H.R.4750: Patawomeck Indian Tribe of Virginia Federal Recognition Act
  • H.R.4540: Military Family GI Bill Promise Act
  • H.R.4210: Accountability Doesn’t Expire Act

You can track bills proposed by Representative Eugene Vindman on Quiver Quantitative's politician page for Vindman.

Representative Eugene Vindman Net Worth

Quiver Quantitative estimates that Representative Eugene Vindman is worth $313.9K, as of August 21st, 2025. This is the 426th highest net worth in Congress, per our live estimates.

Vindman has approximately $82.9K invested in publicly traded assets which Quiver is able to track live.

You can track Representative Eugene Vindman's net worth on Quiver Quantitative's politician page for Vindman.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

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