U.S. Shrimpers Welcome Sen. Cassidy’s Call to Halt U.S. Funding for Foreign Shrimp Aquaculture

U.S. Senator Bill Cassidy (R-LA), a senior member of the Senate Finance Committee, has called on Treasury Secretary Scott Bessent to block U.S. taxpayer dollars from financing foreign shrimp aquaculture projects through International Financial Institutions (IFIs). In a letter to Secretary Bessent, Cassidy urged the Treasury, in coordination with the State Department, to take all necessary actions to prevent any future funding of shrimp aquaculture development, which would exacerbate the financial crisis facing U.S. shrimpers. The Southern Shrimp Alliance, representing the U.S. shrimp industry in eight states, commends Senator Cassidy’s action and echoes the urgent need for action.