• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Ricketts, Fetterman team up for crackdown on China’s attempts to purchase US farmland

by June 5, 2025
written by June 5, 2025
NEWYou can now listen to Fox News articles!

Republican Sen. Pete Ricketts, Democrat Sen. John Fetterman and others are teaming up on legislation to codify oversight on foreign countries buying American farmland.

The bipartisan Agricultural Foreign Investment Disclosure (AFIDA) Improvements Act seeks to implement recommendations published by the Government Accountability Office (GAO) in January 2024, which found the AFIDA was ill-equipped to combat foreign ownership of American agricultural land. 

‘American farmland should remain in the hands of American farmers and ranchers, not foreign adversaries,’ Ricketts of Nebraska shared first with Fox News Digital. ‘The neighbors who feed us should benefit from land ownership, not Communist China. Food security is national security.’

The bill, also co-sponsored by Sens. Tommy Tuberville of Alabama, John Cornyn of Texas, Roger Wicker of Mississippi and Rep. Don Bacon of Nebraska introduced legislation, requires AFIDA reporting for foreign persons holding more than one percent interest in American agricultural land.

‘Over the past several decades, China has been buying up American farmland in an attempt to infiltrate our agriculture supply chains. Food security is national security, and we cannot give the CCP a foothold,’ Tuberville said in a statement to Fox News Digital.

The AFIDA Improvements Act aims to increase information-sharing between the Committee on Foreign Investment in the United States and the U.S. Department of Agriculture (USDA). It also requires updates to the AFIDA’s handbook and establishes a deadline for USDA to set up an online AFIDA system. 

The bill’s House sponsor, Bacon, told Fox News Digital that ‘having actual processes in place will strengthen the security of our nation in the event nefarious foreign agents, such as the CCP, try to purchase agricultural lands within our nation.’ 

Based on the GAO’s recommendations, the bill seeks to update the Agricultural Foreign Investment Disclosure Act of 1978 to better equip the USDA to combat foreign adversaries’ ownership of American agricultural land.

Under AFIDA, foreign entities must disclose to the USDA transactions of American agricultural land. 

Foreign investors own over 40 million acres of agricultural land in the United States, and between 2010 and 2021, Chinese ownership of American agricultural land increased from 13,720 acres to 383,935 acres, according to the USDA. 

The AFIDA Improvements Act is the latest attempt by Congressional Republicans to track foreign ownership of American farmland and strengthen national security. It was first introduced by Bacon and Sen. Tammy Baldwin, D-Wisc., in 2024. 

China owned around 350,000 acres of farmland across 27 states as of last year, according to data from the U.S. Department of Agriculture

The movement to ban China from buying U.S. farmland located near military bases has been gaining steam in the Senate this year. The PASS Act, led by Sen. Mike Rounds, R-S.D., has the backing of Majority Leader John Thune, R-S.D., and would prevent any entity from a ‘covered country,’ which includes China, North Korea, Russia and Iran, from purchasing agricultural land near military bases or sensitive sites. 

Republican Sens. Tom Cotton of Arkansas, Kevin Cramer of North Dakota and Katie Britt of Alabama, proposed The Not One More Inch or Acre Act, earlier this year to ban China from buying U.S. land entirely. 

On the presidential campaign trail in 2024, President Donald Trump indicated he would ban China from buying American farmland. 

The Senate passed an amendment with bipartisan support in 2023 that would ban China, Russia, North Korea and Iran from buying American farmland and agricultural businesses, but it did not become law. 

Fox News Digital’s Morgan Phillips contributed to this report. 

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Longtime Trump loyalist flips on GOP’s ‘big, beautiful bill’
next post
Blue state Republicans threaten rebellion if Senate changes key provision in Trump’s ‘big, beautiful bill’

related articles

Trump slams Democrats for ‘shutting down’ government, demands...

October 7, 2025

Hawley rips Jack Smith’s ‘Biden’s Stasi’ probe, calls...

October 7, 2025

Kennedy claims Democrats want millions for foreign LGBT...

October 6, 2025

Schumer’s shutdown holds as Senate Dems block GOP...

October 6, 2025

Pope’s top diplomat blasts Israel’s Gaza offensive as...

October 6, 2025

Schumer’s shutdown scheme explained: Dems double down on...

October 6, 2025

Mike Johnson fires back at Hakeem Jeffries’ ‘desperate’...

October 6, 2025

Trump flips his shutdown approach, leaving Congress to...

October 6, 2025

More lawmakers say they’re rejecting paychecks as government...

October 6, 2025

Self-described ‘unapologetic supporter of Israel’ John Fetterman weighs...

October 6, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Liz Cheney predicts ‘millions of Republicans’ will vote for Harris: ‘Vote your conscience’

    October 22, 2024
  • House investigators nix Mueller testimony in Epstein probe over health concerns

    August 29, 2025
  • GOP Senator Ron Johnson says he’s ‘trying to force reality’ on DC

    June 13, 2025
  • Harris formally concedes one day after Trump’s sweeping victory

    November 7, 2024
  • Oil and natural gas: oil price in retreat since Tuesday

    August 14, 2024

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (6,277)
  • Investing (634)
  • Stock (935)

Latest Posts

  • Thomas Massie says he feels ‘misled’ by Trump after Iran strikes: ‘He’s engaged in war’

    June 22, 2025
  • Ripple and Tron: Tron under pressure retreats below EMA 200

    July 16, 2024
  • Trump taunts Democrat leaders with ‘Trump 2028’ hats in Oval Office as shutdown approaches

    October 1, 2025

Recent Posts

  • Elon Musk says backlash against his DOGE government cuts is hurting Tesla stock

    April 1, 2025
  • ‘Fulfill the mandate’: New election integrity report calls for critical changes to guarantee secure elections

    February 6, 2025
  • Key Senate chairman criticizes ‘anonymous sources with ulterior motives,’ stands by Hegseth nomination

    January 23, 2025

Editor’s Pick

  • Dr. Marty Makary advances out of key committee in bid for FDA confirmation

    March 13, 2025
  • Why is US probing Nvidia’s $700-M acquisition of this Israeli startup?

    August 2, 2024
  • Trump allies claim victory in debate, criticize moderators as ‘pro-Kamala activists’

    September 11, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock