Latest Releases
U.S. Senators Amy Klobuchar and Tina Smith Announce Grants to Improve Rail Safety in Metro Area
WASHINGTON, D.C. – Today, U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN) announced grants to three cities in the Twin Cities Metro Area to make upgrades to rail-pathways that focus on improving the safety and mobility of travelers and goods. “Blocked rail crossings not only inconvenience drivers, but also delay emergency vehicles and threaten public safety,” said Klobuchar.“This federal investment will reduce traffic, boost efficiency and improve rail crossing safety. Investments in our infrastructure serve as a down payment on the long-term economic well-being of our state.” “Revitalizing our infrastructure is about more than just fixing railways or roads; it’s about improving people’s lives, which is precisely what this project will do,” said Senator Smith. “These rail-pathways help connect families and businesses across the metro area and are critical for shipping and commerce in Minnesota. Investing in projects like these not only makes our roads and railways safer but helps support local economies across the state.” Three cities received grants: This investment is made possible by the Bipartisan Infrastructure Law, which both Klobuchar and Smith supported and worked to pass. The Bipartisan Infrastructure Law authorized the U.S. Department of Transportation’s Rail Crossing Elimination Grant Program (RCE), which provides funding for highway-rail and pathway-rail grade crossing improvement projects that improve the safety and mobility of people and goods. Klobuchar and Smith have both cosponsored the bipartisan Railway Safety Act. This legislation will make key updates to improve rail safety protocols, including increasing inspections on trains that carry hazardous materials, requiring rail carriers to have emergency
U.S. Senators Tina Smith, Amy Klobuchar Demand Answers from Postmaster General Louis DeJoy for Cook County Postal Delays
MINNEAPOLIS, MN – U.S. Senators Tina Smith (D-MN) and Amy Klobuchar (D-MN) are demanding answers from U. S. Postal Service Postmaster General Louis DeJoy after several Minnesotans in Cook County reported not receiving mail delivery since last year. Residents were also turned away from local post offices when attempting to retrieve undelivered mail. Minnesota-North Dakota District leadership reportedly didn’t know of the issue until Senator Smith inquired on January 8. On December 19, USPS staff assured the Senators that service in Minnesota was stable – a claim that is contradicted by the Cook County problems. The Senators are demanding answers on steps USPS plans to take to rectify the issue and prevent it from happening again. “We are deeply concerned by reports from residents that mail has not been delivered since last year. Minnesotans rely on the Postal Service for essential needs like medications, Social Security benefits, and paychecks. This disruption is unacceptable and must be resolved immediately and steps taken to prevent similar issues,” wrote the Senators. “… We appreciate the hard work of postal workers in Minnesota who serve their communities despite the pressures of staffing shortages, weather events, and ever-growing parcel volumes. But without accountable, honest leadership, they struggle to do their jobs,” they continued. “Like all communities, Minnesota’s North Shore relies on the Postal Service as an essential public service. We urge you to not only address this failure, but to work to prevent these repeated issues from occurring again,” wrote the Senators. The Senators requested answers to the following questions no later than January 16, 2025. You can read the full letter to
U.S. Senator Tina Smith on the Arrest of Sam Bankman-Fried
WASHINGTON, D.C. [12/13/22] — Today, U.S. Senator Tina Smith (D-Minn.) released the following statement in response to the arrest and indictment of Sam Bankman-Fried: “In this country, people are free to invest or bet their money however they want to. But they deserve to know that the market is fair and the rules protect them from bad actors, so they aren’t getting ripped off. “Looking at the charges brought against Sam Bankman-Fried, it’s hard not to conclude that he and his crypto organizations ran roughshod over the market rules protecting consumers. That’s flatly wrong and he needs to answer for what
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
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