Relief Funds To Flow as Feds Declare "Fishery Disaster"

The U.S. Commerce Department declared a national fishery disaster Thursday in New England, opening the door for tens of millions of dollars in relief funds for struggling fishermen and their ports.

Acting Commerce Secretary Rebecca Blank said the declaration comes amid "unexpectedly slow rebuilding of stocks," which is forcing huge fishing cuts that are jeopardizing the New England industry. And she said her agency had determined the trouble with fish stocks comes despite fishermen following rules designed to prevent overfishing.

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