Congress·In Committee·H.R. 6061

American Farmers First Act

Farmer Relief and Argentina Bailout Ban

Jan 13·View on Congress.gov·Read full text

Next up: A house committee

The American Farmers First Act is currently in the early stages of the legislative process. It was recently moved out of a subcommittee and is now being reviewed by the main House committees. The bill is still active and moving forward.

Legislative Progress

House

Senate

President

Law

Unlikely to pass

This bill is led by one party and targets specific international financial tools, making it a tough sell in a divided or opposing-party Congress.

Key Points

This bill stops the Treasury Department from using a special fund to help Argentina's economy. It specifically bans things like currency trades or buying Argentina's government debt until late 2027.
The money saved or recovered from these international financial deals would be given to the Department of Agriculture. This money would then be used to help American farmers who lost money because of trade issues.
Farmers who grow crops that lost access to foreign markets during 2025 would be eligible for one-time cash payments. The Secretary of Agriculture will decide which crops qualify based on how much they were hurt by trade losses.
Any current financial deals with Argentina that break these new rules would have to be canceled or sold within one week of the bill becoming law.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.

Milestones

3 milestones5 actions

Jan 13, 2026House

Subcommittee on General Farm Commodities, Risk Management, and Credit Discharged

Dec 5, 2025House

Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.

Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.

Nov 19, 2025

Sponsor introductory remarks on measure. (CR H4782)

Nov 17, 2025House

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.

Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.

Nov 17, 2025

Introduced in House

The bill was officially filed and given a number. It now enters the legislative queue.

No votes, news coverage, or related bills recorded for this bill yet.