119th Congress · HOUSE BILLBILL

H.R. 6061 — American Farmers First Act

“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.”

Foreign trade and international finance
Introduced Nov 17, 2025
Last action Jan 13, 2026
Pipeline · Bill → Law
Step 1
Introduced
Nov 17, 2025
Step 2
Referred
Dec 5, 2025
Agriculture · Financial Services
Step 3
Committee
Jan 13, 2026
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill prohibits the use of the Exchange Stabilization Fund (ESF) to provide financial support to Argentina and provides one-time economic assistance payments to certain crop producers. (The ESF is an emergency reserve fund of the Department of the Treasury, originally used for the purpose of maintaining the fixed dollar exchange rate. In October 2025, Treasury announced U.S. financial support for Argentina, including a $20 billion currency swap line financed through the ESF.) Specifically, the bill prohibits the use of the ESF to provide direct or indirect financial support to Argentina, including through the establishment of currency swap lines, the purchase of pesos or sovereign debt...

Provisions · 3 sectionsIntroduced in House
AI
AI
Timeline · 7 actions
Jan 13, 2026
Subcommittee on General Farm Commodities, Risk Management, and Credit Discharged
Dec 5, 2025
Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
Nov 19, 2025
Sponsor introductory remarks on measure.
Nov 19, 2025
Sponsor introductory remarks on measure. (CR H4782)
Nov 17, 2025
Introduced in House
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.
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.