May 8, 2020 — On Thursday, 7 May, the Trump administration finally rolled out its plan for allocating the USD 300 million (EUR 276.6 million) in fishery relief aid earmarked in the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Reaction on Capitol Hill was nearly unanimous – more money will be needed, according to lawmakers on both sides of the aisle.
The U.S. Commerce Department awarded a third of the funding to two states, Alaska and Washington. Both states received USD 50 million (EUR 46.1 million) in aid. While Alaska is by far the leading seafood-producing state, producing 5.4 billion pounds of seafood worth USD 1.8 billion (EUR 1.66 billion) in 2019, some questioned the method by which the allocation was determined.