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New Bill: Senator Adam B. Schiff introduces S. 4654: Expanding Market Access Act

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We have received text from S. 4654: Expanding Market Access Act. This bill was received on 2026-06-02, and currently has 1 cosponsor.

Here is a short summary of the bill:

This bill, known as the Expanding Market Access Act , aims to amend the Agricultural Trade Act of 1978 to enhance the access of United States agricultural products to foreign markets. Key provisions of the bill include:

Agricultural Trade Promotion and Facilitation

The bill introduces modifications to the foreign market development cooperator program, allowing the Secretary of Agriculture to contract with trade organizations and nonprofit organizations to provide:

  • Technical Assistance: This includes assessments, training, and infrastructure improvements necessary for better distribution and storage of U.S. agricultural products in foreign markets.
  • Infrastructure Investment: The focus will be on enhancing capabilities in areas such as cold chain storage and port improvements to prevent damage to agricultural commodities.

Funding restrictions are set, allowing up to $1,500,000 in fiscal year 2027 and $5,000,000 for each subsequent fiscal year for these efforts.

Biennial Report on Competitiveness of U.S. Specialty Crops

The bill mandates a detailed biennial report submitted to Congress by the Secretary of Agriculture, focusing on:

  • Trade Barriers: Identifying significant barriers, tariffs, quotas, and non-tariff barriers affecting U.S. specialty crops.
  • Enhanced Competitiveness: Assessing foreign practices that boost the competitiveness of imported crops.
  • Food Safety Regulations: Evaluating differences in food safety regulations that could pose risks to U.S. consumers.
  • Impact Assessments: Estimating how identified practices impact the competitiveness of U.S. specialty crops.
  • International Agreements: Reviewing applicable international agreements affecting trade.

This report also encourages public comments and must be made accessible in a machine-readable format.

Modification and Extension of Funding

The bill proposes significant increases in funding aimed at promoting agricultural exports, with specified amounts allocated for fiscal years 2026 through 2031. Key funding highlights include:

  • $255 million for fiscal year 2026
  • $500 million for fiscal year 2027
  • $533 million annually from 2028 to 2031

Additional allocations support various related programs, ensuring resources are available for effective crop export promotion.

Repeals

The bill also calls for the repeal of certain outdated provisions related to agricultural funding, clarifying the current framework for agricultural trade and market access initiatives.

Relevant Companies

  • AGRO - A company focused on agricultural products that could benefit from expanded market access for U.S. crops.
  • SYX - Engaged in agricultural technology and infrastructure improvements, likely to be impacted by increased funding for foreign market infrastructure.
  • CORN - A commodity ETF representing investments in agricultural products that may see price and export changes due to new market access initiatives.

Senator Adam B. Schiff Bill Proposals

Here are some bills which have recently been proposed by Senator Adam B. Schiff:

  • S.4715: A bill to amend the Outer Continental Shelf Lands Act to establish fitness to operate standards and decommissioning escrow accounts for offshore oil and gas operators, and for other purposes.
  • S.4713: A bill to amend title 28, United States Code, to prevent payouts for insurrectionists.
  • S.4697: A bill to provide for design and safety requirements for autonomous and semi-autonomous weapon systems, and for other purposes.
  • S.4661: Ensuring Disaster Recovery and Resilience for Specialty Crops Act
  • S.4660: Economic Relief for Specialty Crops Act
  • S.4654: Expanding Market Access Act

You can track bills proposed by Senator Adam B. Schiff on Quiver Quantitative's politician page for Schiff.

Senator Adam B. Schiff Net Worth

Quiver Quantitative estimates that Senator Adam B. Schiff is worth $2.3M, as of June 13th, 2026. This is the 241st highest net worth in Congress, per our live estimates.

Schiff has approximately $1.4M invested in publicly traded assets which Quiver is able to track live.

You can track Senator Adam B. Schiff's net worth on Quiver Quantitative's politician page for Schiff.

Senator Adam B. Schiff Stock Trading

We have data on up to $115.0K of trades from Senator Adam B. Schiff, which we parsed from STOCK Act filings. Some of the largest trades include:

  • A September 22nd, 2025 sale of up to $50K of $AAPL. The stock has risen 14.16% since then.
  • A December 13th, 2021 sale of up to $50K of $ABBV. The stock has risen 77.62% since then.

You can track Senator Adam B. Schiff's stock trading on Quiver Quantitative's politician page for Schiff.

2030 California US Senate Election

There has been approximately $24,321,671 of spending in California US Senate elections over the last two years, per our estimates.

Approximately $696,979 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:

You can track this election on our matchup page for the 2030 California US Senate election.

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

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