Senator Hoeven announces the implementation of enhanced crop insurance policies benefiting North Dakota farmers under the FARMER Act.
Quiver AI Summary
Senator John Hoeven announced the implementation of enhanced crop insurance provisions from the recently passed One Big Beautiful Bill (OB3) by the USDA Risk Management Agency (RMA), effective for crops with sales closing dates on or after July 1, 2025. Key enhancements include increased premium support and better support for beginning farmers.
Under Hoeven's FARMER Act, premium support for individual coverage is boosted by 3-5%, and the Supplemental Coverage Option (SCO) coverage level will increase from 86% to 90%. Additionally, beginning farmers will receive increased premium support for their insurance for the first ten years of operation.
Hoeven's statement emphasized the historic improvements this legislation provides, stating, "We appreciate Secretary Rollins and her team at RMA for working with us to swiftly implement our legislation... in North Dakota alone, producers are expected to receive $44 million in additional premium support."
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
John Hoeven Net Worth
Quiver Quantitative estimates that John Hoeven is worth $48.5M, as of August 21st, 2025. This is the 32nd highest net worth in Congress, per our live estimates.
Hoeven has approximately $0 invested in publicly traded assets which Quiver is able to track live.
You can track John Hoeven's net worth on Quiver Quantitative's politician page for Hoeven.
John Hoeven Bill Proposals
Here are some bills which have recently been proposed by John Hoeven:
- S.2256: Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, 2026
- S.1693: FARMER Act of 2025
- S.1485: North American Energy Act
- S.1377: Theodore Roosevelt National Park Wild Horses Protection Act
- S.1084: North Dakota Trust Lands Completion Act of 2025
- S.899: Producer and Agricultural Credit Enhancement Act of 2025
You can track bills proposed by John Hoeven on Quiver Quantitative's politician page for Hoeven.
John Hoeven Fundraising
John Hoeven recently disclosed $71.2K of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 675th most from all Q2 reports we have seen this year. 52.9% came from individual donors.
Hoeven disclosed $44.7K of spending. This was the 699th most from all Q2 reports we have seen from politicians so far this year.
Hoeven disclosed $581.4K of cash on hand at the end of the filing period. This was the 432nd most from all Q2 reports we have seen this year.
You can see the disclosure here, or track John Hoeven's fundraising on Quiver Quantitative.
