Latest Releases
U.S. Senator Tina Smith’s Provision Reconnecting Community to Area Around Upper St. Anthony Falls Lock to Be Signed into Law
MINNEAPOLIS, MN – Today, U.S. Senator Tina Smith (D-MN) announced her provision, written along with Senator Amy Klobuchar (D-MN) and Congresswoman Ilhan Omar (D-MN05) to expand community access to land around the Upper St. Anthony Falls Lock, passed the Senate as part of the Water Resources Development Act and is expected to be signed into law. The provision directs the Army Corps of Engineers to minimize the space they use around the lock and dam as much as possible, while maintaining access for safety and maintenance purposes, to make room for the development of a public recreation space. Redevelopment for a recreational space is being led by Owámniyomni Okhódayapi, a Dakota-led non-profit. “Minnesotans value our lakes and rivers, and this provision recognizes that,” said Senator Smith. “This policy change is a key step to reopening the area around the Upper St. Anthony Falls Lock and Dam for the community to enjoy while ensuring the lock and dam infrastructure continues protecting Minneapolis’ water supply and protecting Lake Superior from invasive carp.” ###
In Big Win for Minnesotans in Lake, St. Louis and Cook Counties, U.S. Senator Tina Smith’s Bill to Support Counties Passes Senate
WASHINGTON, D.C. – U.S. Senator Tina Smith (D-Minn.) released the following statement after her bill to provide critical federal funding for hosting federal wilderness lands passed the Senate: “Thye-Blatnik payments have been a vital source of revenue for Cook, St. Louis and Lake Counties in northeastern Minnesota since 1948. But in 2018, a suspect and likely wrong reappraisal led to massive potential cuts in county revenue, which would have devastating impacts for communities in Northern Minnesota,” said Sen. Smith. “Today, after years of work with the Trump and Biden Administrations to reappraise and correctly uphold the value of this one-of-a-kind wilderness, I am pleased that my bill to permanently fix this issue has passed the United States Senate. My bill provides financial certainty and security to these counties and a permanent fix to the problem. I look forward to seeing this bipartisan and urgently needed legislation quickly move through the House of Representatives and go to the President’s desk so it can be signed into law.” The Counties benefit from the Boundary Waters Canoe Area Wilderness (BWCAW) as a world-renowned tourist destination, but they also forgo property taxes and other potential revenue streams. Congress passed the Thye-Blatnik Act over 70 years ago, which directed the Secretary of Agriculture to acquire lands within the future BWCAW and set up a system of annual compensation payments to the host counties. These funds go towards essential services like roadway infrastructure and public safety, and help the counties accurately plan their budgets. When the most recent appraisal in 2018 suggested that there
Senators Smith, Warren Ask Key Regulators About Banking System’s Exposure to Crypto Risks after FTX Crash
Washington, D.C. – U.S. Senators Tina Smith (D-Minn.) and Elizabeth Warren (D-Mass.), members of the Senate Banking, Housing, and Urban Affairs Committee, sent letters to three key banking regulators raising concerns about the ties between the banking industry and crypto firms following FTX’s bankruptcy. The senators are asking each regulator, the Federal Reserve (Fed), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC), how they assess the banking system’s exposure to crypto risks. “(I)t appears that crypto firms may have closer ties to the banking system than previously understood,” wrote the senators. “Banks’
Senator Smith’s Bipartisan Legislation to Provide Transparency for Those Looking to Purchase Popular Long-Term Savings Vehicles Passes Senate
WASHINGTON, D.C. – Today, U.S. Senator Tina Smith (D-MN) announced her bipartisan legislation with Senator Thom Tillis (R-NC) to help provide transparency for consumers looking to purchase popular, long-term savings vehicles has passed the Senate. The bill would help ensure that investors considering purchasing Registered Index Linked Annuities (RILAs) get clear and direct information that promotes investor understanding. “It’s more important than ever for consumers to have clear and concise information about their investments,” said Smith. “This legislation would help consumers looking to purchase RILAs by providing clear information about their potential investments in terms that they are able to
Klobuchar, Smith Statements on Confirmation of Jerry Blackwell to be U.S. District Court Judge
WASHINGTON – U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN) issued the following statements after the Senate confirmed Jerry Blackwell to serve as a United States District Court Judge for the District of Minnesota. Blackwell has more than three decades of legal experience and was highly recommended by the judicial selection committee Senators Klobuchar and Smith convened to assist them in providing a recommendation to President Biden. “Jerry Blackwell is one of the most widely respected and accomplished members of the Minnesota legal community. With nearly 35 years of trial practice– including the successful prosecution of the murder of
Senator Smith, Colleagues Introduce Bipartisan Bill Giving Tribal Colleges and Universities a Stronger Voice in Education Policy
WASHINGTON, D.C. – U.S. Senator Tina Smith (D-Minn.), along with U.S. Senators Deb Fischer (R-Neb.), Jon Tester (D-Mon.), Mike Rounds (R-S.D.), and Jerry Moran (R-Kan.), introduced bipartisan legislation – the National Advisory Council on Indian Education Improvement Act – aimed at giving Tribal Colleges and Universities (TCUs) greater input over federal funding and policymaking that impacts them. “Minnesota’s Tribal Colleges are important institutions that serve Native and non-Native students alike in some of the most impoverished and geographically isolated regions of the country,” said Smith. “These institutions deserve a seat at the table when federal agencies make decisions that impact