Senators Reverend Warnock, Tuberville Introduce Legislation to Strengthen, Diversify the Federal Crop Insurance Corporation Board of Directors

Senator Reverend Warnock introduced the bipartisan Farm Board Act, which would strengthen and diversify the Federal Crop Insurance Corporation’s (FCIC) ten-member Board of Directors

Senator Reverend Warnock has championed underserved producers: securing financial assistance in the Inflation Reduction Act and working to elevate their voices with USDA officials

Additionally, the Senator has secured major wins for the state’s livestock industry, including millions in federal funding to expand domestic meat processing capacity, creating jobs in rural counties, and increasing industry competition

Senator Reverend Warnock:The members of the Federal Crop Insurance Corporation Board of Directors should reflect the farmers who their policies impact

Washington, D.C. — U.S. Senator Reverend Raphael Warnock (D-GA), joined by Senator Tommy Tuberville (R-AL), today introduced the Farm Board Act, legislation to update the Federal Crop Insurance Corporation’s (FCIC) ten-member Board of Directors. The FCIC is a government-owned corporation that finances the federal crop insurance program’s operations. There are currently four seats for agricultural producers on the board, of which one must be a producer of specialty crops. This bill designates two of the remaining three open seats as a producer of both livestock and crops and an underserved producer.

“The members of the Federal Crop Insurance Corporation Board of Directors should reflect the farmers who their policies impact,” said Senator Reverend Warnock. “The FCIC plays a crucial role in ensuring farmers aren’t financially ruined by a poor season or a natural disaster. I’m proud to partner with Senator Tuberville on this effort to ensure livestock and underserved producers have a seat at the FCIC Board’s table—this representation will be a net positive for Georgia farmers and families.”

“Agriculture is the foundation of our economy,” Senator Tuberville said. “That’s why I am proud to work on a bipartisan basis with Senators Warnock and Welch to introduce the Farm Board Act, legislation that will work to ensure our livestock producers have a seat at the table on the FCIC Board. The U.S. Department of Agriculture (USDA) continues to unveil more risk management tools to help our cattle and livestock producers in Alabama, and we want the Board to reflect their needs.”

Senator Warnock has championed underserved producers in the Senate, securing financial assistance in the Inflation Reduction Act and working to elevate their voices with United States Department of Agriculture (USDA) officials. Click HERE for a full timeline of the Senator’s advocacy for underserved farmers. USDA defines underserved farmers as beginning farmers, socially disadvantaged farmers; veteran farmers, or farmers with limited resource. More information about underserved farmers HERE.

Additionally, the Senator has secured major wins for the state’s livestock industry, including millions in federal funding to expand domestic meat processing capacity, creating jobs in rural counties and increasing competition. According to the Georgia Farm Bureau, the state is considered the “Poultry Capitol of the World,” producing on average 26 million pounds of chicken and 9.2 million pounds of eggs per day.

The legislation is co-sponsored by Senator Peter Welch (D-VT). Bill text is available HERE.

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