The American Meat Institute (AMI), along with 50 other trade organizations, including the Retail Industry Leaders Association, Food Marketing Institute, National Restaurant Association and Consumer Bankers Association, signed a joint letter to Congress. The groups urged the House and Senate to pass the Emergency Economic Stabilization Act to bring stability to the credit markets.

The letter states that, “If Congress fails to act and credit markets tighten further, our associations’ members will find it more difficult—if not impossible—to secure credit to run their companies, and our members’ employees will find it harder to get mortgages, secure auto loans, and borrowed money to send their children to college.”