Latest Releases
U.S. Senator Tina Smith Applauds Senate Passage of Her Bipartisan Bill to Help Small Businesses Access Capital, Create Jobs in Rural America
WASHINGTON – U.S. Senator Tina Smith (D-MN) applauded the Senate’s passage of her bipartisan Expanding Access to Capital for Rural Job Creators Act. The legislation, which is co-led by Senator John Kennedy (R-LA), would help eliminate hurdles small businesses in rural areas disproportionately face when they try to access capital. “Access to capital is essential to the economic health and growth of rural communities in Minnesota and across the country,” said Sen. Smith. “Rural small businesses often face disproportionate obstacles when trying to secure capital to develop and grow their businesses. This legislation would help rural small businesses overcome these hurdles and strengthen our rural economies.” Access to capital is critical for starting and expanding rural small businesses, which often face a disproportionate number of obstacles when seeking capital investment. This bipartisan legislation, the Expanding Access to Capital for Rural Job Creators Act, would require the Securities and Exchange Commission to submit annual reports on the unique challenges small businesses in rural areas face when trying to secure capital. The report would outline roadblocks and identify solutions to ensure rural small businesses, and the local economies they support, are able to develop and grow. Senators Gary Peters (D-MI), Raphael Warnock (D-GA), Shelley Moore Capito (R-WV) and Jacky Rosen (D-NV) also cosponsored the legislation.
U.S. Senator Tina Smith’s Legislation to Tackle Drug Shortages, Improve Public Health Preparedness Advances Through Key Committee
WASHINGTON, D.C. [8.4.23] –U.S. Senator Tina Smith (D-MN) announced that two of her legislative priorities, aimed at addressing drug shortages and improving public health preparedness, took a major step forward. “Drug shortages are hurting patients, pharmacists, and physicians across the country,” said Senator Smith. “I have heard directly from Minnesotans who are facing shortages of ADHD medications like Adderall, cancer-fighting drugs for chemotherapy, among other things. These drug shortages can be life-threatening, and I’ve made it a priority to tackle this problem. In addition, I’m focused on ensuring we are prepared for future public health threats. My bipartisan legislation will improve the FDA’s responsiveness when medication demand outpaces the supply, and help improve our ability to rapidly develop and distribute diagnostic tests in the event of a disease outbreak. I’m glad to see these priorities included in this important legislation.” The Pandemic and All-Hazards Preparedness and Response Act is essential legislation that reauthorizes key public health and emergency preparedness programs. Current funding expires on September 30th. Millions of Americans have been affected by shortages of chemotherapy drugs, commonly-used antibiotics, pediatric formulations of medications like ibuprofen, and other essential drugs. Pieces of Senator Smith’s legislation, which have been included in the reauthorization, will help address these shortages and bolster public health preparedness. Senator Smith’s provisions include:
Sen. Tina Smith Pushes to Help Minnesotans Cut Costly Student Loan Debt
U.S. Senator Tina Smith has thrown her support behind a proposal to help tens of millions of student loan borrowers in Minnesota and around the country lower their monthly debt burden. The Bank on Students Emergency Loan Refinancing Act would give Americans with student debt the opportunity to refinance their loans at lower interest rates. Right now, people can refinance other types of debt—e.g. home, car, or business loans—but there’s no national program in place to refinance federal student loans. “The price tag on a college degree is a serious source of anxiety for Minnesota students and families, and often, the
Sen. Tina Smith Fights to Ensure 22,000 Retired Minnesota Workers Can Keep Hard-Earned Pensions
After recently meeting with retirees in Duluth whose hard-earned pensions are at risk of being drastically reduced due to chronic underfunding of the Central States Pension Fund, U.S. Senator Tina Smith is backing up her promise to support legislation that would help protect the pensions of retirees across the country, including 22,000 in Minnesota. The Butch Lewis Act—named for a veteran who was the head of his local union in Ohio and who fought to preserve fellow Teamsters’ pensions—would help shore up the Central States Pension Fund and strengthen the multi-employer pension system for all workers by creating a Pension Rehabilitation
Sen. Tina Smith Condemns Unchecked Dark Money in Politics, Calls for Legislation to Reform & Strengthen Campaign Finance Laws
U.S. Senator Tina Smith called on Congress to strengthen our nation’s campaign finance laws by ending the flood of unchecked, unlimited, and secret corporate money into our elections. Since the Supreme Court’s 2010 Citizens United v. FEC decision—which opened the door to unlimited corporate spending in politics—more than $600 million has been spent in federal elections without free and open information about where these millions are coming from. In response to the urgent need for campaign finance changes, Sen. Smith is cosponsoring two legislative reforms. The first would overturn Citizens United once and for all, and the second—the DISCLOSE Act—would require super PACs and other
Sen. Tina Smith Spends Weekend Working Hard for Minnesotans
U.S. Senator Tina Smith made stops across the state—which you can read more about here—including the Red River Valley, southern Minnesota, and the metro area to hear from Minnesotans and inform her work in Washington. “I’m so thankful to the Minnesotans I met with this weekend. Thank you for taking the time to talk with me about what matters most to you,” said Sen. Smith. “It is an honor to be able to take your stories back with me to Washington and continue to be a fierce advocate for all of you.” You can view pictures from Sen. Smith’s weekend and read
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