Latest Releases
U.S. Senator Tina Smith Presses Multi-Billion Dollar Corporation on Predatory Practices That Are Pricing Out Lake Elmo, Minnesota Residents
MINNEAPOLIS, MN – Today, U.S. Senator Tina Smith (D-MN), Chair of the Senate Housing Subcommittee, sent a letter to the Chief Executive Officer of Equity LifeStyle Properties (ELP), an Illinois-based corporation, expressing deep concern over the company’s mistreatment of residents in Lake Elmo, Minnesota. Her letter comes following extensive reporting that residents of Cimarron Park, which is owned by ELP, are being priced out by egregious rent increases, dealing with hostile management and suffering under unfair rules that make selling or moving into a new home more difficult. “This corporation’s well-documented practices of hiking rents and making it more difficult to find other housing options only serves to boost shareholder profits while hanging Minnesotans out to dry,” said Senator Smith. “Residents have been pleading for help for nearly four years, and Equity LifeStyle Properties has failed to show they are even listening to concerns. I want them to meaningfully engage with residents instead of putting their shareholders ahead of hardworking Minnesotans.” Cimarron Park is home to roughly 500 Minnesota families. Their conflict with ELP was first reported by WCCO News in December 2020, when residents decried a rent increase at the beginning of the COVID-19 pandemic. Since that initial report, residents said the situation had only worsened, with the Minnesota Star Tribune reporting declining services and poor management earlier this year. Most recently, residents reported unfair rules that make selling or moving into a new home unnecessarily expensive, trapping households into a cycle of ever-increasing rent, now totaling a 30% increase over the last five years. Equity LifeStyle Properties owns roughly 72,0000 homes and operates
U.S. Senator Tina Smith Presses Multi-Billion Dollar Corporation on Predatory Practices That Are Pricing Out Lake Elmo, Minnesota Residents
MINNEAPOLIS, MN – Today, U.S. Senator Tina Smith (D-MN), Chair of the Senate Housing Subcommittee, sent a letter to the Chief Executive Officer of Equity LifeStyle Properties (ELP), an Illinois-based corporation, expressing deep concern over the company’s mistreatment of residents in Lake Elmo, Minnesota. Her letter comes following extensive reporting that residents of Cimarron Park, which is owned by ELP, are being priced out by egregious rent increases, dealing with hostile management and suffering under unfair rules that make selling or moving into a new home more difficult. “This corporation’s well-documented practices of hiking rents and making it more difficult to find other housing options only serves to boost shareholder profits while hanging Minnesotans out to dry,” said Senator Smith. “Residents have been pleading for help for nearly four years, and Equity LifeStyle Properties has failed to show they are even listening to concerns. I want them to meaningfully engage with residents instead of putting their shareholders ahead of hardworking Minnesotans.” Cimarron Park is home to roughly 500 Minnesota families. Their conflict with ELP was first reported by WCCO News in December 2020, when residents decried a rent increase at the beginning of the COVID-19 pandemic. Since that initial report, residents said the situation had only worsened, with the Minnesota Star Tribune reporting declining services and poor management earlier this year. Most recently, residents reported unfair rules that make selling or moving into a new home unnecessarily expensive, trapping households into a cycle of ever-increasing rent, now totaling a 30% increase over the last five years. Equity LifeStyle Properties owns roughly 72,0000 homes and operates
In Senate Floor Speech, U.S. Senator Tina Smith Calls on Colleagues to Codify Roe v. Wade Into Law
WASHINGTON [5.10.22] — Today, U.S. Senator Tina Smith (D-Minn.) delivered a speech from the Senate floor urging her colleagues to support the Women’s Health Protection Act, which would preserve the basic protections of Roe v. Wade in law. You can access video of Sen. Smith’s remarks here and the full remarks are included below. “Justice Alito, Mitch McConnell and Senate Republicans, and radical Republican state legislators across the country believe that they should have the power – that they know better than American women, whose lives and stories they will never know,” said Sen. Smith in her remarks from the Senate floor. “To that I say: How dare
Klobuchar, Smith Announce Federal Funding to Strengthen Local Meat Processing
WASHINGTON – U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN), both members of the Senate Agriculture Committee, announced that the Economic Development Administration (EDA) has awarded $2.9 million in federal funding through the American Rescue Plan to strengthen local meat processing in Central Minnesota. Specifically, the funding grants will help provide mobile meat slaughtering and processing equipment for students enrolled in meat processing career pathways at Central Lakes College and Ridgewater College. “A healthy meat processing industry is critical to the economic success of Central Minnesota,” said Klobuchar. “By giving students access to valuable resources and training, this grant will help
Senators Smith, Warren Question Fidelity on Plans to Allow Bitcoin Investments for 401(k) Plans
Washington, D.C. – U.S. Senator Tina Smith (D-Minn.) and Elizabeth Warren (D-Mass.) sent a letter questioning Fidelity’s decision to allow Bitcoin investments for 401(k) plans, saying that cryptocurrency is volatile and could risk retirement savings. The Senators ask the company to explain why they have failed to heed the Department of Labor’s warning about 401(k) crypto investments and raise concerns about potential conflicts of interest presented by Fidelity being both a Bitcoin miner and a purveyor of Bitcoin. “We write to inquire about the appropriateness of your company’s decision to add Bitcoin to its 401(k) investment plan menu and the actions you
Senator Tina Smith, Colleagues Introduce Legislation to Incentivize Electrification, Boost American Manufacturing, and Lower Energy Costs
WASHINGTON [05.04.22] – Today, U.S. Senator Tina Smith (D-MN) joined her colleagues to introduce legislation that would reduce residential building emissions and increase energy security. The bill, authored by Senator Ed Markey (D-MA), would expand incentives for manufacturers and distributors of American-made building electrification products, such as HVAC equipment and water heating appliances. “The transition to clean energy is happening, the question is whether our country leads or follows. I want us to lead,” said Senator Smith. “If we do nothing, climate change will be an economic, environmental and public health disaster. The good news is that taking action on climate also presents
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