On the recordJune 28, 2007
Again I would point out that this amendment today does not change the law and that all sales to Cuba must be for cash in advance. There is no agricultural credit through the United States Government that can be offered to Cuba to assist in the sale of purchases by Cuba nor can any U.S. financial institution be engaged in the activity leading up to the sale of these commodities to Cuba. So we do not change the law. It is simply a matter of definition. And at least in my estimation, the definition was changed for purposes of making those sales less likely to Cuba, thereby harming farmers, ranchers, and producers across the United States. Mr. Chairman, I reserve the balance of my time.
Source
govinfo.gov
