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Senator Tina Smith, Congressional Delegation Conclude Mission to Iceland to Advance Clean Energy and Diplomatic Initiatives

WASHINGTON – A United States Senate delegation has concluded its mission to Iceland, where Senators met with the nation’s leaders and clean energy experts on a range of topics including expanding renewable energy and strengthening NATO. The bipartisan delegation included U.S. Senators Tina Smith (D-Minn.), Brian Schatz (D-Hawai‘i), Lisa Murkowski (R-Alaska), and Michael Bennet (D-Colo.). The senators were briefed by U.S. Ambassador to Iceland Carrin F. Patman and U.S. embassy officials, met with host nation President Gudni Thorlacius Jóhannesson, Minister for the Environment, Energy, and Climate Gudlaugur Thór Thórdarson, Foreign Affairs Minister Thórdís Gylfadóttir, and members of the national parliament to discuss their work on climate action and the importance of maintaining and strengthening U.S.-Iceland ties and the NATO Alliance. They also toured geothermal power plants and carbon removal facilities and met with experts, business, and clean energy leaders to discuss Iceland’s work to produce nearly 100 percent of its energy from renewable sources and remove and store carbon from the atmosphere. The delegation also met with American servicemembers rotationally deployed to Keflavík Air Base. “Climate change is no longer a future threat – we’re seeing the impact every day in the form of record-shattering heatwaves, floods, wildfires and more,” said Senator Smith. “We need all hands on deck if we’re serious about addressing this crisis, which is why working with our allies in Iceland and around the world is so important. I was encouraged to hear about the progress they have made leveraging geothermal resources for electricity and heating

With New Farm Bill on the Horizon, U.S. Senator Tina Smith, Rep. Brad Finstad Introduce Bipartisan Legislation to Invest in Ag’s Next Generation

WASHINGTON, D.C. [7.18.23] – This week, U.S. Senator Tina Smith (D-Minn.), a member of the Senate Agriculture Committee, introduced legislation investing in agriculture’s next generation. Despite the need for young people to get into farming, the reality is they face barriers like access to capital, rising farm land prices, difficulty getting operating loans, and a lack of opportunities for hands-on experience. The Agriculture Skills Preparation for Industry Recruitment Efforts (ASPIRE) Act, which was introduced in the House by Representative Brad Finstad (R-MN 1), would address some of these barriers to entry and make it easier for young farmers to join the workforce. “Agriculture is the backbone of Minnesota’s diverse economy,” said Sen. Smith. “With food shortages, supply chain snags and a tight labor market around the world, it’s vital we support and grow our farming sector here at home. This legislation will provide work-based training programs to support a new generation of farmers and ranchers in Minnesota and around the country.” “As a farmer, and as a father raising the fifth generation on our family farm, I know firsthand how important it is to make sure our future ag leaders are adequately equipped with the tools they need to succeed,” said Rep. Finstad. “I’m proud to help introduce the ASPIRE Act with Senator Smith and Congresswoman Pingree, which will help give those starting in the agricultural profession a solid foundation by facilitating relationships between local agricultural businesses and the next generation of industry leaders through work-based training programs.” Between the years of 2020

Sen. Tina Smith’s Statement on Commerce Dept. Recommendation for Steep New Tariffs on Foreign Steel

Today, U.S. Senator Tina Smith released the following statement on an announcement that the Department of Commerce will recommend heavy new tariffs on foreign steel imports.  “One of my first stops as Senator was in Eveleth, home to the U.S. Hockey Hall of Fame, as well as many of the hardest-working men and women in the country,” said Sen. Smith. “When I was there, I talked with local steelworkers about the biggest challenges facing Northern Minnesota. They told me their jobs are at risk if we don’t continue to crack down on steel dumping from countries like China. Since then, I pressed

Sen. Tina Smith Named to Bipartisan Select Committee to Solve Pensions Crisis Facing 22,000 Minnesotans

Sen. Tina Smith was appointed to a newly formed bipartisan panel tasked with finding solutions to a financial crisis that’s threatening the hard-earned pensions of 22,000 retired Minnesotans. The Joint Select Committee on Solvency of Multiemployer Pension Plans, established as part of the bipartisan budget agreement reached earlier this month, will provide recommendations and legislative language to significantly improve the solvency of multiemployer pension plans and the Pension Benefit Guaranty Corporation. Without reforms, as many as 100 pension plans across the country—including the troubled Central States Pension Fund, which covers those 22,000 Minnesotans—are on track to become insolvent. “There are

Sen. Tina Smith’s First Bill Would Address Unscrupulous Big Pharma Tactic That Prevents Minnesotans from Accessing Affordable Rx Drugs

U.S. Senator Tina Smith’s first standalone piece of legislation—the Expanding Access to Low Cost Generic Drugs Act—takes aim at a big pharma tactic that keeps affordable generic drugs out of the hands of Minnesota families and seniors. Sen. Smith’s bill, which she introduced today and is similar to a policy endorsed by the Trump Administration, gets at the heart of a major concern facing Minnesota families and seniors right now: prescription drug prices. We’re at the point now where around 25 percent of Americans who take prescription drugs report difficulty affording them. And while generic drugs are often a much less

Sen. Tina Smith Questions Five Big Pharma CEOs on Use of Corporate Tax Savings

Today, U.S. Senator Tina Smith questioned a group of major pharmaceutical executives on how they are using billions of their corporate tax cut dollars, expressing concern that the companies may be using the funds to enrich investors through stock “buybacks” and shareholder payouts instead of prioritizing lower prescription drug prices.   The Tax Cuts and Jobs Act, signed into law in December, reduced the corporate income tax rate by over 40 percent, providing these companies with a large windfall of corporate tax savings that could be used to bring down costs for consumers or invest in new research and development. However,

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