Latest Releases
U.S. Senator Tina Smith Presses JPMorgan CEO for Answers on Bank’s Ties to Jeffrey Epstein
WASHINGTON [5.10.23] – Today, Sen. Tina Smith (D-MN), wrote a letter to JPMorgan Chase’s CEO, Jamie Dimon, demanding answers following recent reports and court filings describing the bank’s financial involvement with Jeffrey Epstein. In her letter, Smith pressed Dimon for the bank’s policies and procedures around identifying and reporting human trafficking after allegations surfaced that JPMorgan ignored obvious signs of Epstein’s illegal activity and maintained its relationship with him against the advice of its own compliance department. “If true, JPMorgan’s decision to turn a blind eye to such egregious misconduct raises serious questions about its role in facilitating Epstein’s abuse, and its willingness or ability to root out and prevent other, less apparent instances of sex trafficking,” wrote Senator Smith According to an April 12 court filing, Epstein was a client at JPMorgan from 1998 to 2013 and maintained upwards of 50 accounts totaling hundreds of millions of dollars. This not only granted him access to exclusive banking and wealth management services, but apparently earned him the bank’s discretion. The filing alleges that in 2006, two years before Epstein was convicted for soliciting a minor for prostitution, a JPMorgan Rapid Response Team flagged internally that Epstein was making cash withdrawals ranging from $40,000 to $80,000 several times per month. By that year, the bank was reportedly aware that Epstein paid cash to have underage girls and young women trafficked to his home. This apparently became an open secret among senior executives, even devolving into a topic of jest. Still, the
Senators Smith, Rounds Unveil Major Bipartisan Package to Modernize and Update Rural Housing Programs
Washington [5.2.23] – This week, Senators Tina Smith (D-MN) and Mike Rounds (R-SD) introduced significant bipartisan legislation to improve federal rural housing programs, cut red tape, and strengthen the supply of affordable housing. The legislation would represent the most significant Rural Housing Service reforms years. “Without a safe, affordable place to live, nothing else in your life works. Not your job, not your education, not your health,” said Senator Smith. “We know that the housing crisis is hurting communities across the country, and the problem is particularly acute in rural places. This legislation is the direct result of bipartisan hearings and conversations with stakeholders who helped identify ways we can make federal rural housing programs work better for people struggling to find a safe, affordable place to live.” “Homeownership is part of the American dream and a key to building wealth,” said Senator Rounds. “Over the past year, Senator Smith and I have held hearings, met with stakeholders and visited with constituents in our states about the hurdles within the U.S. Department of Agriculture’s Rural Housing Service. This legislation makes important improvements and updates to the Rural Housing Service that will create and preserve affordable housing opportunities in South Dakota. As we face an affordable housing crisis across the nation, I look forward to working with my colleagues to get these important, bipartisan updates signed into law.” Lack of affordable housing remains an impediment for many rural towns and communities as they struggle to attract new businesses, residents and
Sen. Tina Smith’s Priorities to Improve Career and Technical Training Become Law
WASHINGTON, D.C [07/31/18]—U.S. Senator Tina Smith’s (D-Minn.) priorities to expand workforce development were signed into law by the President today. After passing in both houses of Congress, several measures championed by Sen. Smith—aimed at helping Minnesotans and Americans get the training they need to land careers in high-demand fields—became law as part of bipartisan education legislation. “Not everyone wants to or has to go to a four-year college, but everyone should be able to get the skills necessary to lead their own lives and create opportunity for themselves and their families,” said Sen. Smith, a member of the Senate Education Committee. “My
Sen. Tina Smith’s Bill Would Help Students Access Mental Health Services in Schools
WASHINGTON, D.C. [08/02/18]—U.S Senator Tina Smith (D-Minn.) is pressing for new legislation to make sure students in schools across the nation are able to access the mental health services they need, where they are. Young people experience mental health conditions about as often as adults—about 1 in 5 struggle with severe mental health problems—but they often have a hard time getting services. Schools are an ideal setting to identify students who need mental health services and quickly connect them with help. Sen. Smith’s bill—the Mental Health Services for Students Act—would help schools partner with local mental health providers to establish on-site, mental
U.S. Sen. Tina Smith Announces Comprehensive Bill To Address Skyrocketing Prescription Drug Prices
DULUTH, MN [08/08/18]—U.S. Sen. Tina Smith (D-Minn.) said today that for far too long the health and financial well-being of families in Minnesota and across the country has been harmed by the skyrocketing price of prescription drugs, and she announced plans to introduce legislation designed to hold large pharmaceutical companies accountable for high prices and bring down costs for both consumers and taxpayers. Sen. Smith, a member of the Senate Health Committee, made her announcement at a “Health Care Cost” listening session in Duluth, where she met with local care providers and health experts as well as residents from across
Sen. Tina Smith Urges Trump Administration to Take Immediate Steps to Reunite Children and Families
WASHINGTON D.C. [08/15/18]— U.S. Sen. Tina Smith (D-Minn.) called on the Trump Administration to immediately take action to reunite the over 500 immigrant children still separated from their families. Sen. Tina Smith—along with 16 of her Senate colleagues—stressed to Department of Homeland Security (DHS) Secretary Kirstjen Nielsen how each passing day that DHS fails to reunite separated children with their parents unacceptably traumatizes these children and their families, including causing psychological and physical developmental harms to children. “We call on DHS to take immediate action to locate every deported parent abroad whose separated child remains in government custody,” wrote Sen. Smith
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