Sen. John Hoeven, R-N.D.

This week’s Open Mic guest is Sen. John Hoeven, R-N.D. Even before the bulk of the CARES Act funding is distributed to farmers and the ag industry, the House of Representatives, on a party-line vote, approved another $3-trillion in economic stimulus funds. Hoeven believes his chamber will consider additional stimulus legislation, but not until the results of the Phase 3 plan are realized. Hoeven says liability protection is a top priority for the GOP, and he’s willing to consider raising the annual borrowing limit for the USDA’s Commodity Credit Corporation. Hoeven also discusses investigations into cattle prices and foreign ownership of meat processing companies.