712 Digital Group - top

Atlantic man set to appear before a U-S Senate Committee, Thursday

News

November 7th, 2017 by Ric Hanson

An Atlantic area farmer and businessman is set to appear before the Senate Agriculture Committee this Thursday morning, in Washington, D.C.  Glen R. Smith is in the nation’s capital for a Senate hearing that precedes a Senate vote on confirmation for a position on the Board of Directors for the Farm Credit Administration. The FCA is headquartered in Washington, D.C.  Smith was notified in mid-September that he was nominated to be a Member of the Farm Credit Administration Board, Farm Credit Administration.

Smith is currently the President of Smith Land Service, Co., and owner/operator of a corn and soybean farm in western Iowa, in partnership with his wife Fauzan and son. If he is appointed by the President and approved by the Senate, Smith will serve on an advisory policy and rates Board for the Farm Credit Administration, an independent Federal agency that regulates and examines the banks, associations, and related entities of the Farm Credit System (FCS). FCS is the largest agricultural lender in the U-S, and is a nationwide network of lending institutions that are owned by their borrowers. It serves all 50 states, and Puerto Rico.

The advisory Board members, Smith says, typically serve a six-year term, but he would be filling the term of a board member who died in March. Therefore his term would expire 2022. Joining Smith when he sits before the committee, Thursday, will be Stephen Vaden, who is being considered for the position of General Counsel for the USDA. Smith’s hearing is set to begin 8:30-a.m. Central Time (9:30-a.m. Eastern).

A link to view the hearing can be found here: www.agriculture.senate.gov/hearings.