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Yesterday, Senator Grassley released a video message to Iowans discussing his Family Farmer Bankruptcy Clarification Act of 2017. Last night, President Trump signed that legislation into law.

“Family farmers face obstacles that others don’t when dealing with bankruptcy. Their assets are largely tied up in farmland, which creates significant challenges for these family operations when reorganizing debt. Years ago Congress took steps to address these disadvantages, but the Supreme Court failed to recognize Congress’ intent when evaluating the law,” Senator Grassley said. “Thankfully President Trump signed my solution into law so family farmers facing hard times can breathe a sigh of relief.”