Latest Releases
U.S. Senator Tina Smith and Congresswoman Ocasio-Cortez Introduce Homes Act to Tackle America’s Housing Crisis
WASHINGTON, D.C. – Sen. Tina Smith (D-Minn.), Chair of the Senate Housing, Transportation and Community Development Subcommittee, and Rep. Alexandria Ocasio-Cortez (NY-14) today unveiled legislation that would reimagine housing in America, making a historic and long overdue investment in our housing supply. The bill would help build and preserve as many as 1.3 million homes in small towns, big cities, and rural communities; and help families everywhere find a quality, affordable place to call home. Smith and Ocasio-Cortez are joined on the legislation by Senators Peter Welch (D-VT) and Jeff Merkley (D-OR) and 34 members in the House of Representatives. “Without a safe, decent and affordable place to live, nothing in your life works. It becomes nearly impossible to hold a job, go to school, or stay healthy,” said Senator Smith. “Our country is facing a housing crisis, with annual supply falling dramatically behind demand. Our proposal would serve renters, and homebuyers alike, providing millions of Americans in rural and urban communities with more options for a quality, affordable place to call home—with the sense of stability, security, comfort and pride that should come with it. Housing is a human right—this is a bill that meets the urgency of the moment we are in.” “Every day, we see families grappling with the harsh reality of the housing crisis—skyrocketing rents, evictions, and homelessness—while big banks and Wall Street prioritize profit over people. The Homes Act is our bold response to this crisis, investing $300 billion over the next decade to ensure everyone can access an affordable home,” said Rep. Ocasio-Cortez. “We
U.S. Senator Tina Smith, Reps. Angie Craig, Brad Finstad Reintroduce Bill to Improve Access to Job Training in Schools
WASHINGTON, D.C. – Today, U.S Senator Tina Smith (D-MN) and Representatives Angie Craig (D-MN02) and Brad Finstad (R-MN01) reintroduced legislation to expand partnerships between schools and businesses to help ensure a future workforce that is trained and qualified for the jobs and careers employers are hiring for. Many employers struggle to find qualified workers across several industries, including manufacturing, agriculture, and health care. Schools and employers are already building programs and partnerships like those outlined in the billto equip students with the skills needed to secure these jobs, but the lawmakers recognize that the need warrants greater federal investments to support these programs. “Workforce partnerships give students the opportunity to develop the skills they need for jobs that are available, often without taking on huge amounts of debt,” said Sen. Smith, a member of the Senate Education Committee. “But what I’ve learned is that oftentimes, students aren’t aware of—or don’t have access to—local programs that provide the training these jobs require. Our bill aims to fix this issue by expanding partnerships between schools and local employers. We know these partnerships work, and our goal is to make sure they are available for more Minnesotans and Americans.” The 21st Century Workforce Partnerships Act would establish grant programs at the U.S. Department of Education to introduce middle and high school students to career exploration and career pathway opportunities. It would also fund grants to foster partnerships between higher education institutions and businesses to provide career training programs which lead to postsecondary degrees. “Expanding workforce partnerships and apprenticeship programs means more Minnesotans are connected to good-paying job opportunities, without taking on the burden of student loans,” said Rep. Craig. “My bipartisan bill with Sen.
Senators Klobuchar, Smith, and Representative Craig Announce Deadline Extension for Enrollment in 2023 Dairy Margin Coverage Program
WASHINGTON, D.C. [12/12/22] — U.S. Senators Amy Klobuchar, Tina Smith, and U.S. Representative Angie Craig (all D-MN) announced that the deadline for eligible farmers to enroll in the Dairy Margin Coverage (DMC) and Supplemental Dairy Margin Coverage (SDMC) programs has been extended. Eligible producers will now have until January 31, 2023 to enroll in the program. These programs help dairy producers manage the volatility of milk and feed price disparities. “The Dairy Margin Coverage program helps provide Minnesota’s dairy farmers with important stability and risk management tools that benefit our rural communities,” said Klobuchar. “This extended sign-up period will allow
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
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