Cryptocurrency Q&A Does the Commodity Credit Corp still exist?

Does the Commodity Credit Corp still exist?

Chiara Chiara Fri Nov 22 2024 | 7 answers 1397
The Commodity Credit Corporation, established with an initial fund of $300 million and later increased to $1 billion, has been a permanent establishment of the U.S. Department of Agriculture since 1948. Its main purpose is to provide agricultural loans to farmers, with a maximum borrowing capacity of $14.5 billion. The corporation is managed by a board of directors appointed by the President and has a consulting committee. Therefore, in answer to the question, the Commodity Credit Corporation still exists as a federally funded enterprise within the U.S. Department of Agriculture, focusing on agricultural loan services. Does the Commodity Credit Corp still exist?

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