Senators Welch and Gluesenkamp Perez introduce legislation ensuring farmers' right to repair their own agricultural equipment.
Quiver AI Summary
Introduction of the FARM Act: U.S. Senator Peter Welch and U.S. Representative Marie Gluesenkamp Perez have introduced the Freedom for Agricultural Repair and Maintenance Act (FARM Act). This bipartisan legislation aims to empower farmers with the right to repair their equipment by requiring manufacturers to share essential documentation and parts with farmers and independent repair shops.
Support and Statements: The bill is co-sponsored by Senators Elizabeth Warren and John Fetterman, and has received endorsements from various agricultural organizations. Senator Welch emphasized the need for farmers to take control over their maintenance processes, noting that delays can lead to financial losses. Overall, this legislation seeks to address significant repair costs and access issues facing farmers today.
Financial Impact: The FARM Act aims to alleviate the burdens caused by the current repair market, which results in an estimated annual loss of $4.2 billion for U.S. farmers from equipment downtime and excessive repair costs. By enforcing fair access to repair resources, the bill seeks to ensure farmers can effectively maintain their essential machinery without undue financial strain.
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
Peter Welch Net Worth
Quiver Quantitative estimates that Peter Welch is worth $10.1M, as of October 30th, 2025. This is the 106th highest net worth in Congress, per our live estimates.
Welch has approximately $5.9M invested in publicly traded assets which Quiver is able to track live.
You can track Peter Welch's net worth on Quiver Quantitative's politician page for Welch.
Peter Welch Bill Proposals
Here are some bills which have recently been proposed by Peter Welch:
- S.3068: A bill to require original equipment manufacturers to make available certain documentation, parts, software, and tools with respect to farm equipment, and for other purposes.
- S.3019: No Big Blockbuster Bailouts Act
- S.2835: Energizing Our Communities Act
- S.2797: Capital for Beginning Farmers and Ranchers Act of 2025
- S.2775: Measuring the Cost of Disasters Act of 2025
- S.2717: Student Loan Deduction Act of 2025
You can track bills proposed by Peter Welch on Quiver Quantitative's politician page for Welch.
Peter Welch Fundraising
Peter Welch recently disclosed $7.2K of fundraising in a Q3 FEC disclosure filed on October 15th, 2025. This was the 1146th most from all Q3 reports we have seen this year. 31.0% came from individual donors.
Welch disclosed $35.9K of spending. This was the 864th most from all Q3 reports we have seen from politicians so far this year.
Welch disclosed $1.7M of cash on hand at the end of the filing period. This was the 224th most from all Q3 reports we have seen this year.
You can see the disclosure here, or track Peter Welch's fundraising on Quiver Quantitative.
