Latest Releases
U.S. Senator Tina Smith’s Bipartisan Bill to Extend Terrorism Risk Insurance, Support Housing Construction Passes the Senate Unanimously
Roughly 60 percent of American businesses have terrorism risk insurance, which is critical to major construction projects WASHINGTON, DC – U.S. Senator Tina Smith’s bipartisan legislation to safeguard the availability of terrorism risk insurance coverage passed the full Senate by a unanimous vote. Roughly 60 percent of American businesses have terrorism risk insurance, which could become unavailable without further action by Congress. Sen. Smith (D-MN) led the bipartisan Terrorism Risk Insurance Program Reauthorization Act of 2026 alongside Senators Dave McCormick (R-PA), Ruben Gallego (D-AZ) and Thom Tillis (R-NC). Following the attacks on September 11, 2001, many insurance companies started excluding terrorism risks from commercial insurance policies, leaving businesses and industries without access to coverage. Since insurance is a precondition for commercial lending and real estate transactions, this gap in coverage threatened broad economic damage across real estate, construction, energy, transportation and related industries. Congress responded by passing the Terrorism Risk Insurance Act of 2002 (TRIA), creating a federal reinsurance backstop to stabilize the private market and ensure that commercial policyholders could continue to obtain terrorism risk coverage. The private insurance market has relied on the TRIA backstop ever since. When TRIA briefly lapsed in December 2014, terrorism exclusions that insurers had pre-filed with state regulators took effect automatically, making terrorism coverage effectively unavailable across commercial policies nationwide. As a result, terrorism risk coverage was removed from policyholders immediately and without notice. Given that the current threat landscape remains elevated, allowing a similar lapse in terrorism coverage would expose policy holders to
U.S. Senator Tina Smith Reintroduces Bill to Help College Students Facing Emergencies Afford to Stay in School
Legislation would provide emergency funds as students face record high college costs WASHINGTON, D.C. – U.S. Senator Tina Smith (D-MN) has reintroduced legislation to help college students afford to stay in school when faced with unexpected financial emergencies. The Emergency Grant Aid for College Students Act comes as students face record high college costs, while the Trump Administration works to dismantle the Department of Education and limit federal borrowing amounts for undergraduate and professional students. “Paying for college is a precarious balancing act for many students, and that’s when everything is going ‘right,’” said Sen. Smith. “This bill would help provide financial stability for students facing a death in the family, steep medical bills, or any number of unexpected emergencies that too often force them to drop out of school and give up on their dreams, ultimately hurting our economy.” For students already balancing tuition, housing, groceries and transportation alongside work and classes, a car repair, medical bill or death in the family can put their education at risk. The Emergency Grant Aid for College Students Act would help colleges and universities provide emergency grants to help students manage these unexpected expenses and continue their education without taking on additional debt. Unlike student loans, the grants would not need to be repaid. The bill was introduced in the House of Representatives by Congressman Joe Morelle (D-NY 25). “Every student deserves the opportunity to pursue higher education and achieve their personal and professional goals,” said Congressman Morelle. “Unfortunately, unexpected financial emergencies
Sen. Tina Smith’s Statement on Agriculture Committee’s Second Partisan Markup of Long-Delayed Farm Bill
The partisan legislation forces Minnesotans to pay $140 million in administrative costs, fails to address SNAP cuts WASHINGTON, D.C. – U.S. Senator Tina Smith (D-MN) released the following statement after the Senate Agriculture Committee failed to pass a bipartisan Farm Bill, instead choosing to pass a partisan version drafted by Republicans that will not gain enough support to pass the full Senate: “I said it before and I’ll say it again, patience is a virtue, it’s just not my virtue. I’m disappointed that, once again, Republicans have pursued a partisan path on the Senate Farm Bill; however, we’ll keep working
Smith, Klobuchar Celebrate Groundbreaking of Blatnik Bridge Replacement
Sens. Smith & Klobuchar secured federal funding to reconstruct the bridge connecting Duluth and Superior, WI DULUTH, MN — U.S. Senators Tina Smith and Amy Klobuchar (both D-MN) celebrated the groundbreaking of the Blatnik Bridge replacement project, after they secured federal funding for the bridge from the Bipartisan Infrastructure Law and successfully pressed the administration to release the funding so construction on the project could begin. The Blatnik Bridge powers the regional economy with 33,000 vehicles crossing every day and $3.7 billion in goods transferred annually across the bridge between the Twin Ports. The reconstructed bridge is expected to be
Smith, Klobuchar, Finstad Urge Trump Administration to Approve Minnesota’s Request for Disaster Declaration
WASHINGTON, D.C. – U.S. Senators Tina Smith and Amy Klobuchar (both D-MN) and U.S. Representative Brad Finstad (R-MN) urged the Trump Administration to approve Minnesota’s request for a Major Disaster Declaration to help communities in southeastern Minnesota that are working to recover from severe weather and flooding. If this disaster declaration is approved, the federal government will be able to provide disaster assistance for various recovery efforts. “We write to you in strong support of the state of Minnesota’s request for a Major Disaster Declaration for Individual Assistance under the Stafford Act to assist our constituents recovering from severe storms
U.S. Senator Tina Smith’s Statement on Minnesota State Government’s Executive Actions to Prevent Copper-Nickel Mining in the Watershed of the Boundary Waters Canoe Area Wilderness
MINNEAPOLIS, MN – U.S. Senator Tina Smith (D-MN) released the following statement after the Minnesota Department of Natural Resources and Minnesota Pollution Control Agency announced it will take aggressive executive action to stop a copper-sulfide mine within the watershed of the Boundary Waters Canoe Area Wilderness (BWCA): “Minnesotans strongly support protecting the Boundary Waters. We are a mining state, but not this mine in this place. The Trump Administration and Republicans in Congress ignored the science and overturned protections for the Boundary Waters, but the fight continues here at home,” said Senator Smith. “I strongly support Minnesota using all our regulatory powers
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