News Releases
Hoeven Statement on Expansion of Main Street Lending Program
BISMARCK, N.D. - Senator John Hoeven today issued the following statement after the Federal Reserve announced an expansion of its Main Street Lending program, which operates under Section 13(3) of the Federal Reserve Act. Under today's announcement, the Federal Reserve will begin offering three loan options through the Main Street Loan Program, which was established under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, to help provide access to credit for small and medium-sized b… Continue Reading
04.29.20
Hoeven Continues Advancing Efforts With Energy Secretary to Support Oil & Gas Producers, Ensure Access to Credit
BISMARCK, N.D. - In a call with Energy Secretary Dan Brouillette today, Senator John Hoeven continued his efforts to secure federal support for the nation's energy producers. In their conversation, Brouillette indicated to the senator that work continues onaid for the oil and gas industry. Hoeven and Secretary Brouillette are also working to get the Treasury Department to issue the final regulations for the 45Q tax credit as soon as possible in order to provide certainty to the coal industry as … Continue Reading
04.29.20
Hoeven Announces Funding for North Dakota Airports
BISMARCK, N.D. - Senator John Hoeven, a member of the Senate Transportation, Housing and Urban Development Appropriations Committee, today announced that the U.S. Department of Transportation (DOT) has awarded funding to airports in North Dakota. Today's awards come from the Airport Improvement Program (AIP) with an additional match granted from the Coronavirus Aid, Relief and Economic Security (CARES) Act intended to eliminate local shares and allow airports to continue projects regardless of c… Continue Reading
04.28.20
Hoeven Statement After President Invokes DPA, Designating Meat Packing Plants Essential
BISMARCK, N.D. - Senator John Hoeven, chairman of the Senate Agriculture Appropriations Committee, today issued the following statement after President Donald Trump invoked the Defense Production Act (DPA) to ensure the continued operation of meat packing plants, consistent with recently issued safety guidelines, as essential infrastructure for the nation. Hoeven has been working with the Administration and his colleagues to maintain the nation's food supply chain. "The President invoked the… Continue Reading
04.28.20
Energy Department Submits Report on Sandia's Crude Oil Characterization Research Study to Congress
BISMARCK - U.S. Senators John Hoeven and Kevin Cramer and Representative Kelly Armstrong issued the following statement on the Department of Energy submitting its report on the Sandia National Laboratories Crude Oil Characterization Research Study to Congress today: "As the Sandia study proves, Bakken crude is no different from Permian Basin oil or the Strategic Petroleum Reserve. There is no scientific basis for Washington state or other states to impose a de-facto ban on our crude oil or requ… Continue Reading
04.27.20
Hoeven Statement on U.S.-Mexico-Canada-Agreement Going Into Effect on July 1
BISMARCK, N.D. - Senator John Hoeven, chairman of the Senate Agriculture Appropriations Committee and a member of the Senate Agriculture Committee, today issued the following statement after U.S. Trade Representative Robert Lighthizer notified Congress that the U.S.-Mexico-Canada Agreement (USMCA) will go into effect on July 1, as each of the three nations have taken the proper steps to implement and comply with the agreement. Hoeven previously joined President Trump as he signed USMCA into law … Continue Reading
04.27.20
Hoeven Announces Partial Second Tranche of HHS CARES Act Funds to North Dakota Hospitals & Providers
BISMARCK, N.D. - Senator John Hoeven, a member of the Senate Appropriations Committee, today announced that the Department of Health and Human Services (HHS), has awarded a portion of the second tranche of HHS funds under the Coronavirus Aid, Relief and Economic Security (CARES) Act. As part of the initial distribution of the second tranche of funding, $14,108,992 will go to 40 providers in North Dakota, and will be used to provide support to health care providers and hospitals serving significa… Continue Reading
04.27.20
Hoeven Statement on Guidance Providing Flexibility to Meat Processing Facilities
BISMARCK, N.D. - Senator John Hoeven, chairman of the Senate Agriculture Appropriations Committee, today issued the following statement after the Centers for Disease Control and Prevention (CDC) and the Department of Labor (DOL), in consultation with the U.S. Department of Agriculture, issued interim guidance to help combat the spread of coronavirus disease 2019 (COVID-19) while supporting the continued operation of meat and poultry processing facilities. Hoeven has been working with fellow agri… Continue Reading
04.24.20
Hoeven: Treasury, SBA Announce Paycheck Protection Program to Resume Monday, April 27
BISMARCK, N.D. - Senator John Hoeven today issued the following statement after the U.S Treasury Department and the U.S. Small Business Administration (SBA) announced that the SBA will resume accepting Paycheck Protection Program (PPP) applications on Monday, April 27 at 9:30CDT/10:30 EDT. Congress approved an additional $310 billion in funding for the program, which was created under the Coronavirus Aid, Relief, and Economic Security (CARES) Act to help small businesses and self-employed indiv… Continue Reading
04.24.20
Hoeven Leads Efforts to Allow Indian Gaming Enterprises Access to the Paycheck Protection Program
WASHINGTON - Senator John Hoeven (R-ND), Chairman of the Senate Committee on Indian Affairs (SCIA), today issued the following statement on the U.S. Department of the Treasury and the Small Business Administration (SBA) determination to include all tribally owned businesses, including Indian gaming enterprises, as eligible for the Paycheck Protection Program (PPP), consistent with congressional intent. Hoeven just spoke with Treasury Deputy Secretary Justin Muzinich, who informed the senator of … Continue Reading
04.24.20
Hoeven Statement on President Signing Additional CARES Act Funding Into Law
BISMARCK, N.D. - Senator John Hoeven issued the following statement after President Trump signed into law legislation providing additional funding for small businesses, health care providers, hospitals and COVID-19 testing. As chairman of the Senate Agriculture Appropriations Committee, Hoeven worked to include a provision to ensure that farmers and ranchers are eligible for Economic Injury Disaster Loans (EIDL) and Emergency EIDL Grants. "This supplemental funding agreement is key to ensuring … Continue Reading
04.24.20
Hoeven: DOE Awards $17 Million to EERC for Project Tundra
BISMARCK, N.D. - Senator John Hoeven today announced that the U.S. Department of Energy has awarded $17 million to the University of North Dakota's Energy and Environmental Research Center (EERC) for Project Tundra, a carbon capture, utilization and storage (CCUS) retrofit project for Minnkota Power's Milton R. Young station. With this award, Hoeven has secured approximately $43 million for Project Tundra to date. The funds are provided through the CarbonSAFE Initiative, for which Hoeven has en… Continue Reading
04.23.20
Hoeven Announces $33 Million in CARES Act Funding to Support ND K-12 Education Agencies
WASHINGTON - Senator John Hoeven, a member of the Senate Appropriations Committee, today announced that the U.S. Department of Education has awarded $33,297,699 to the State of North Dakota for addressing the learning needs of K-12 students during the coronavirus disease 2019 (COVID-19) pandemic. Today's funding comes from the Elementary and Secondary School Education Relief Fund (ESSER) made available under the Coronavirus Aid, Relief and Economic Security (CARES) Act and will provide flexibili… Continue Reading
04.23.20
Hoeven Announces CDC COVID-19 Funding From CARES Act
WASHINGTON - Senator John Hoeven, a member of the Senate Appropriations Committee, today announced that the Centers for Disease Control and Prevention (CDC) is awarding $5,075,000 to the State of North Dakota. This funding comes from the Coronavirus Aid, Relief and Economic Security (CARES) Act and will support the state in efforts to reopen including enhancing testing capacity, conducting contact tracing and working with health care systems to manage and monitor system capacity. This comes in a… Continue Reading
04.23.20
Hoeven, Colleagues Working to Support Oil and Gas Industry
BISMARCK - Senator John Hoeven (R-ND), a member of the Senate Energy and Natural Resources Committee, made the case to U.S. Treasury Secretary Steven Mnuchin, U.S. Energy Secretary Dan Brouillette and U.S. Federal Reserve Chair Jerome Powell about the importance of providing oil and gas producers with access to credit through the 13(3) lending program. Senator Hoeven was joined by Senators Jim Inhofe, Dan Sullivan, Kevin Cramer, John Barrasso and Roger Wicker in pressing the Administration to … Continue Reading
04.23.20
Hoeven: $1.25 Billion in Federal Assistance Can Be Used For Unemployment Insurance Fund
BISMARCK, N.D. - Senator John Hoeven today announced that the State of North Dakota will be able to utilize the Coronavirus Relief Fund to relieve pressure on the state's unemployment insurance program. The senator, at the request of Governor Doug Burgum, has been working with the Administration to ensure that the State is able to utilize the $1.25 billion it will receive from the Coronavirus Relief Fund to help offset the rise in unemployment insurance costs. Hoeven raised the issue directly… Continue Reading
04.22.20
Hoeven Announces Funds for Economic Development Planning in North Dakota
WASHINGTON - Senator John Hoeven, a member of the Senate Appropriations Committee, today announced that the Economic Development Administration (EDA) has awarded funding to four North Dakota groups. Today's funds will be used to establish a comprehensive economic development strategy (CEDS) to support private capital investment and job creation in the respective regions. Details are as follows: Economic Development District Planning Award Red River Regional Council - $192,500 to serve parts… Continue Reading
04.22.20
Hoeven Announces CARES Act Funding for UND to Help Combat COVID-19 in Rural Communities
WASHINGTON - Senator John Hoeven, a member of the Senate Appropriations Committee, today announced that the Department of Health and Human Services (HHS), through the Health Resources and Services Administration (HRSA) has awarded $3,035,412 to the University of North Dakota (UND). Today's funding, made available under the Coronavirus Aid, Relief and Economic Security (CARES) Act, will be distributed via HRSA's Small Rural Hospital Improvement Program to the UND Center for Rural Health and will … Continue Reading
04.22.20
Hoeven, Smith Lead 41 Additional Senators in Pressing Treasury, SBA to Ensure Eligibility of Rural Electric Cooperatives in Paycheck Protection Program
WASHINGTON - Senators John Hoeven (R-ND) and Tina Smith (D-MN) led a bipartisan group of Senators in urging the U.S. Department of the Treasury and U.S. Small Business Administration (SBA) to clarify that rural electric cooperatives are eligible for the Paycheck Protection Program, which was created under the Coronavirus Aid, Relief, and Economic Security (CARES) Act to support small businesses and help them maintain payroll and cover during expenses the pandemic. Rural electric cooperatives ha… Continue Reading
04.21.20
Hoeven Reviews $19 Billion Ag Assistance Program with North Dakota Producers, Gathers Input for Administration
BISMARCK, N.D. - Senator John Hoeven, chairman of the Senate Agriculture Appropriations Committee, today held a video conference with North Dakota producers and commodity groups on the $19 billion Coronavirus Food Assistance Program (CFAP) announced by the U.S. Department of Agriculture (USDA) last week. Hoeven hosted the discussion to gather input to bring back to the administration as it works to finalize the details of the program in the coming days. Today's conference comes as part of a seri… Continue Reading