President Obama signed a Presidential Directive to help preserve biofuel industry jobs and to establish the Biofuels Interagency Working Group, charged with developing the nation's first comprehensive program for advancing the biofuels market. The president also announced that DOE will release $786.5 million in Stimulus funds to accelerate advanced biofuel research, development, and deployment. The EPA followed that announcement with a release of a Notice of Proposed Rulemaking for the federal Renewable Fuels Standard.