CARES Act Money Bookmarked for Oil & Gas

17 GOP senators are urging The Honorable Steven Mnuchin, Secretary of the Treasury, to ensure some of the $500 billion in Treasury loans from the CARES Act goes to oil and gas companies.

This letter was sent to Secretary Mnuchin and Chairman Powell on April 7, 2020 from 17 senators: Kevin Cramer (R-ND), James M. Inhofe (R-OK), Shelley Moore Capito (R-WV), John Barrasso (R-WY), Steve Daines (R-MT), Ted Cruz (R-TX), Dan Sullivan (R-AK), John Hoeven (R-ND), John Cornyn (R-TX), Joni Ernst (R-IA), James Lankford (R-OK), Michael Enzi (R-WY), Thom Tillis (R-NS), Bill Cassidy (R-LA), David Perdue (R-GA), Mike Braun (R-IN), and Michael Rounds (R-SD).