Farm Credit Adjustment Act
Key claim: The Farm Credit Adjustment Act would let the Farm Credit Administration examine low-risk Farm Credit System institutions every 24 months instead of the currently required 18 months.
Abstract
(HR5010 · 119th Congress) Farm Credit Adjustment Act This bill allows the Farm Credit Administration (FCA) to examine low-risk Farm Credit System institutions every 24 months. Specifically, FCA has the sole discretion to extend the currently mandated 18-month examination period for all institutions to 24 months for low-risk institutions. FCA regulates the Farm Credit System, which is a network of borrower-owned lending institutions that operates as a government-sponsored enterprise and makes loans to creditworthy farmers. Latest action (2026-01-13): Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
Why this matters
Farm Credit System institutions are the largest source of agricultural credit in the U.S., so their examination cadence affects how quickly emerging risks are detected and how much regulatory burden is passed through to farm borrowers. Lengthening the exam interval for low-risk institutions from 18 to 24 months is a procedural change that could modestly reduce compliance costs for lenders but also lengthens the window between supervisory checks, with indirect implications for the availability and cost of farm credit.