Latest Releases
U.S. Senator Tina Smith, Colleagues Call for Review of Realty Company’s Deceptive Listing Agreements
WASHINGTON, D.C. — U.S. Senator Sen. Tina Smith (D-MN), Chair of the Senate Subcommittee on Housing, Transportation, and Urban Development, along with Sen. Sherrod Brown (D-OH), and Sen. Ron Wyden (D-OR), sent a letter to the Federal Trade Commission (FTC) and the Consumer Financial Protection Bureau (CFPB) requesting a review of real estate brokerage firms’ use of exclusive listing agreements. The letter follows several reports of companies like MV Realty misleading families into entering 40-year exclusive listing agreements, which can make it difficult for homeowners to refinance and often result in them losing out on up to three percent of their home’s value when they resell. “MV Realty, and companies like it, take tens of thousands of dollars from homeowners in exchange for a minimal up-front payment. By advertising these agreements as a ‘loan alternative,’ companies are attempting to avoid the legal limitations on lending while in essence charging borrowers onerous rates,” wrote the Senators. “We urge the CFPB and FTC to work with state attorneys general to review whether these listing agreements and business practices violate federal consumer protection laws, including prohibitions against unfair, deceptive, or abusive acts and practices, and to take appropriate action where violations are found.” A copy of the letter is available here and below: The Honorable Lina Khan The Honorable Rohit Chopra Chair Director Federal Trade Commission Consumer Financial Protection Bureau We are writing regarding recent reports that some real estate brokerage firms are misleading families into entering exclusive listing agreements, which exploit and deprive them of profits that they would earn from
U.S. Senator Tina Smith’s Bipartisan Bill to Improve Rural Health Care Passes Senate
WASHINGTON [12/21/22] – U.S. Senator Tina Smith (D-Minn.) and John Barrasso (R-Wyo.), Co-Chairs of the Senate Rural Health Causes, announced that their bipartisan bill to improve rural health care passed the Senate by unanimous consent. The State Offices of Rural Health (SORH) Reauthorization Act of 2022 will reauthorize a key program that supports health facilities in rural areas across the country. The legislation now goes to the U.S. House of Representatives for consideration. “When I meet with families, farmers, businesses and community leaders in greater Minnesota, one of the first issues that comes up is health care,” said Smith. “This bipartisan legislation will help make sure State Offices of Rural Health have the resources they need to expand and improve health care services in rural communities. I’m proud of our work to pass this bill and help address the unique health care needs of rural America.” “With Senate passage, we’re one step closer to ensuring Wyoming’s Office of Rural Health has the critical resources needed to give our patients the quality of care they deserve,” said Barrasso. “As I doctor, I’ve seen firsthand how this program benefits our state’s rural health clinics and hospitals. I urge the House to take up our bill and pass it as soon as possible.” This bill supports State Offices of Rural Health by extending a successful law on information-sharing, technical assistance, and care delivery in rural settings. Under the bill, the program will be reauthorized for five years, which will preserve the program’s flexibility
U.S. Senators Tina Smith, Jeff Merkley Introduce Bill to Lower Americans’ Energy Bills, Create Jobs, Reduce Carbon Pollution
WASHINGTON, D.C. [09/05/2019]—This week, U.S. Senators Tina Smith (D-Minn.) and Jeff Merkley (D-Ore.)—along with Sens. Kamala Harris (D-Calif.) and Bernie Sanders (I-Vt.)—introduced legislation that would help families lower monthly energy bills, reduce wasted energy and carbon pollution, and create good-paying jobs. The Community Energy Savings Program Act of 2019 (CESP) would provide low-interest financing to consumers who want to make energy efficient upgrades to their homes. These upgrades are good for public health and the environment, and would help create good-paying jobs across America through the manufacturing and installation of materials used in the projects. “Our country can lead or we can
U.S. Sens. Klobuchar, Smith Announce Minnesota Ag Producers Can Now Sign Up for Crop Safety Net Programs
WASHINGTON, D.C. [09/6/19]–U.S. Senators Amy Klobuchar and Tina Smith (D-Minn.) announced today that enrollment for two popular USDA safety net programs for the 2019 crop year opened this week. The programs provide Minnesota ag producers with financial support when crop revenue and commodity prices fall below certain levels. Funding is available through the USDA’s Farm Service Agency. “Our farmers are a key part of our agriculture community and agriculture economy, and they are in great need of stability. As the backbone of our economy, farmers throughout Minnesota and across the country deserve our support during periods of uncertainty like we are experiencing now. With the Agriculture Risk
Klobuchar, Smith, Stauber Announce Over $10 Million for Infrastructure Improvements in St. Louis County
WASHINGTON – U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN), along with Representative Pete Stauber (R-MN-08), announced that the U.S. Department of Transportation (DOT) has awarded the Competitive Highway Bridge Program (CHBP) a grant of $10,252,000 for infrastructure improvements. “When we invest in our infrastructure, we invest in opportunity for every American. Critical investments in our infrastructure serve as a down payment on the long-term economic well-being of our state and country,” Klobuchar said. “By investing in our bridges and roads in St. Louis County, we are making an important investment in the economy of the region and enhancing public safety.” “We
U.S. Senator Tina Smith, Democratic Colleagues Fight for Nation’s Registered Apprenticeship Program
WASHINGTON, D.C. [08/27/19]—U.S. Senator Tina Smith (D-Minn.) and 45 of her Senate colleagues are calling on Acting Labor Department Secretary Patrick Pizzella to oppose the Department’s recent proposal that would undermine the highly-effective and widely-supported registered apprenticeship program. The proposed rule would create duplicative, unnecessary, and lower-quality “industry-recognized apprenticeship programs” (IRAPs), which would not provide the same crucial benefits and protections as long-established registered apprenticeships. The Department has also proposed the establishment of new entities to oversee the IRAPs, potentially allowing these programs to evade accountability, even to apprentices themselves. “Rather than invest federal taxpayer dollars in a duplicative, less
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