HR 6061 Re-checks Congress.gov for new actions and updates the bill's status, and fills in any sponsors, committees, or related bills that are missing. It does not re-pull sponsors/cosponsors/committees/related — those rarely change — and it skips all work if nothing has changed upstream, so it's cheap to click.
To prohibit the use of the Exchange Stabilization Fund of the Department of the Treasury to bail out Argentina's financial markets, and to instead use that funding to provide for a farmer tariff relief package.
Summary
- Prohibits the Exchange Stabilization Fund from providing direct or indirect financial support to Argentina, including currency swap lines, purchasing pesos or Argentine sovereign debt, or extending credit instruments.
- Requires sale or termination of any financial contracts or instruments that violate the prohibition within 7 days of enactment.
- Directs the Secretary of the Treasury to allocate proceeds from sale or termination of financial contracts to the Secretary of Agriculture.
- Directs the Secretary of Agriculture to use allocated proceeds to provide one-time economic assistance payments to crop producers adversely impacted by loss of export markets during the 2025 marketing year.
- Establishes the prohibition on support to Argentina through December 10, 2027.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
8 cosponsors
Money behind the sponsor
Top reported contributors to April Mcclain Delaney’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- FORBRIGHT BANK $17,665
- GALLATIN POINT CAPITAL $13,200
- GOLDENTREE ASSET MANAGEMENT $13,200
- MONUMENTAL SPORTS & ENTERTAINMENT $13,200
- GEORGETOWN UNIVERSITY $10,100
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for April Mcclain Delaney → · Outside spending →
Actions (5)
- Jan 13, 2026 Subcommittee on General Farm Commodities, Risk Management, and Credit Discharged · house
- Dec 5, 2025 Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit. · house
- Nov 19, 2025 Sponsor introductory remarks on measure. (CR H4782)
- Nov 17, 2025 Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. · house
- Nov 17, 2025 Introduced in House
More bills on these subjects (8)
Other bills that carry the most legislative subjects in common with this one (topical discovery — distinct from the procedural related bills above).
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Text versions (1)
Bills are re-published as they move (Introduced → Reported → Engrossed → Enrolled …). Each stage below is a separate text; pick two to see what changed. Data from Congress.gov.
Full text
IN THE HOUSE OF REPRESENTATIVES
November 17, 2025
Mrs. McClain Delaney (for herself, Ms. Houlahan, Mr. Ivey, Ms. Stevens, and Ms. Salinas) introduced the following bill; which was referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned
A BILL
To prohibit the use of the Exchange Stabilization Fund of the Department of the Treasury to bail out Argentina’s financial markets, and to instead use that funding to provide for a farmer tariff relief package.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “American Farmers First Act”.
SEC. 2. PROHIBITION ON USE OF EXCHANGE STABILIZATION FUND TO BAIL OUT ARGENTINA’S FINANCIAL MARKETS.
Section 5302(b) of title 31, United States Code, is amended—
(1) by inserting “(1)” after “(b)”; and
(2) by adding at the end the following:
“(2)(A) The fund may not be used to provide direct or indirect financial support to the country of Argentina under paragraph (1), including through the establishment of currency swap lines, the purchase of pesos or sovereign debt of Argentina, or the extension of any credit instrument.
“(B) Any financial contract or instrument entered into before the date of the enactment of this paragraph that violates subparagraph (A) shall be sold or terminated not later than 7 days after such date of enactment.
“(C) The prohibition under subparagraph (A) terminates on December 10, 2027.”.
SEC. 3. FARMER ECONOMIC RELIEF PROGRAM.
(a) Allocation of Proceeds.—The Secretary of the Treasury shall allocate to the Secretary of Agriculture the proceeds from the sale or termination of financial contracts or instruments pursuant to paragraph
(2)(B) of section 5302(b) of title 31, United States Code, as added by this Act.
(b) Proceeds Used for Farmer Economic Relief.—The Secretary of Agriculture shall use the proceeds allocated under subsection (a) to make one-time economic assistance payments to producers of each crop adversely impacted by loss of export markets during the 2025 marketing year for such crop, as determined by the Secretary. <all>
Comments