House Ag Chair Unveils New Farm Bill to Address Financial Crisis

American farmers are facing significant financial hardships, but new federal legislation could offer relief. House Agriculture Committee Chairman Glenn “GT” Thompson has unveiled the Farm, Food, and National Security Act of 2026, also known as Farm Bill 2.0, designed to address the agricultural sector’s current economic struggles.

“There’s a lot of pain right now in American agriculture financially, and they need a bridge,” Thompson stated when announcing the proposed legislation.

The comprehensive bill would establish a five-year framework of support for farmers through updated farm safety net programs, offering much-needed predictability during uncertain economic times. Thompson emphasized that the agricultural community requires immediate certainty to navigate ongoing financial challenges.