Hoeven Outlines Work to Provide Consumers with Greater Financial Choices

At the annual convention for the Independent Community Banks of North Dakota today, Senator John Hoeven outlined his work to provide consumers with more financial options, as well as his provision in the Senate farm bill that raises the limits for loans and loan guarantees under the U.S. Department of Agriculture (USDA).

“We’re working to support our community banks, because these small financial institutions provide important services in local communities, whether it’s a family looking to buy a home or an entrepreneur looking to start or grow a small business,” said Hoeven. “We’ve passed legislation that provides regulatory relief for small financial institutions so consumers can have more financial choices.”