WASHINGTON Update TomCosgrove Cosgrove Tom Executive ViceVice President Affairs Senior PresidentforforPublic Public Affairs
Telling the Story of the Northeast Economic Engine As is the case following any election,
stories to policymakers and highlight Northeast agriculture, commercial fishing
as important as ever in the new Congress.
the state and federal level to educate
and forest products’ contributions to the
We already know there will be some
about Farm Credit and the industries we
region’s economy.
important changes as House Agriculture
serve. We have a great story to tell. The pandemic has shown that our customers are truly essential businesses, as they have continued operating through this year’s disruptions to provide the food, fiber and other products that consumers rely upon. And because of agriculture, forest products and fishing businesses’ continued operations, they have provided jobs and generated economic activity at a time when millions are unemployed, and the economy has
“
Many policymakers appreciate the
Committee Chairman Collin Peterson
... we advocate for policies to support our customers and educate on the important role Farm Credit plays in supporting them.
taken a major hit.
”
The report underscores that we
(MN) lost his re-election bid and Senate Agriculture Committee Chairman Pat Roberts (KS) retired. It is likely John Boozman of Arkansas will become the new Senate Committee Chairman with a number of possible replacements for Peterson in the House. While it appears there will not be many changes in the Northeast’s Congressional delegation, it’s always important to reinforce agriculture’s impact with members of Congress and their staffs. With important issues
economic impact of the industries we
wouldn’t have those secondary economic
such as access to a stable supply of
serve, but some don’t consider the full
benefits — from inputs, supplies,
labor and additional COVID-19 relief
impact or the jobs supported upstream and
services, transportation, processing and
likely to be debated, we’ll continue to
downstream throughout the production,
marketing — if we didn’t have production
engage policymakers to make sure they
processing and marketing chains.
of the raw product from the farms, forests
understand Farm Credit East’s role in
or waters of our region. We highlight
supporting customers who provide the
an update of the Northeast Economic
this important connection between
fuel for the Northeast Economic Engine.
Engine report which spotlights the
production and its amplified economic
incredible economic impact agriculture,
impact as we advocate for policies to
forest products and fishing have on our
support our customers and educate on
region. See highlights from this report on
the important role Farm Credit plays in
the corresponding page. This report is an
supporting them.
Farm Credit East recently released
important tool as we tell our customers’ 14
Engagement with lawmakers will be
there are always new legislators at both
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