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Senator Smith, Grassley Introduce Bipartisan Legislation to Research the Impact of Consolidation on Livestock Farmers and Ranchers

WASHINGTON – Today, U.S. Senators Tina Smith (D-MN) and Chuck Grassley (R-IA), introduced bipartisan legislation to support research into the impact of livestock market consolidation on farmers, ranchers, and consumers in an effort to better understand the problem and craft effective solutions. “Just a handful of large companies have come to dominate the meat and poultry processing industry, which means higher prices for consumers and shrinking earnings for farmers,” said Sen. Smith. “This bipartisan bill would uncover the impact of this consolidation on farmers and consumers and help us create the best possible solutions to fix the problem. I look forward to working with Senator Grassley and my colleagues on both sides of the aisle to pass this legislation as part of the Farm Bill.” “This type of measure is long overdue. Iowa producers are well aware of the downsides of consolidation in the meat industry,” said Sen. Grassley. “Their returns on hard work are getting squeezed more every year all consumers pay more at the grocery stores. I’m glad to work in a bipartisan way with Senator Smith as we continue trying to address this problem.” “Farmers Union launched the Fairness for Farmers campaign to call attention to the increasingly consolidated agricultural marketplace where the four largest beef packers control 85 percent of beef packing and the farmer’s share of the food dollar has dropped from 50 percent in 1952 to less than 16 percent today,” said Minnesota Farmers Union (MFU) President Gary Wertish. “Sen. Smith’s bill will help

Senators Smith, Rounds Reintroduce Bipartisan Bill to Spur Economic Development in Underserved Communities

WASHINGTON – U.S. Senators Tina Smith (D-MN) and Mike Rounds (R-SD) reintroduced bipartisan legislation to jumpstart economic development in economically distressed areas and address disparities in access to capital for underserved communities. The bill would strengthen and expand Community Development Financial Institutions (CDFI), which play a critical role in bringing capital and financial services to a wide range of underserved communities – from urban areas to small towns and rural communities to Tribal lands. “Unequal access to capital and financial services is a key driver of economic disparity in rural areas, communities of color, and Indigenous communities,” said Sen. Smith. “This legislation will jumpstart economic development in these communities by expanding and enhancing a program with a track record of effective capital investment and community development.” Their legislation—the CDFI Bond Guarantee Program Improvement Act, named for Community Development Financial Institutions–will extend authorization of the CDFI Bond Guarantee Program, while making it more reliable and accessible to smaller CDFIs. This legislation will expand and improve a successful program that operates without a taxpayer subsidy and allows CDFIs to access long-term, stable funding. The CDFI Bond Guarantee Program was enacted in 2010 to provide long-term, low-cost capital to CDFIs, which use the funding for economic development activities in underserved communities.  The program’s authorization lapsed in 2014, but it has been extended on a year-by-year basis in annual appropriations bills.  Under current program rules, borrowers must have a loan size of at least $100 million – which means that the program can only

Sen. Tina Smith Calls on DHS Secretary Kirstjen Nielsen to Resign

WASHINGTON, D.C. [06/18/18]–Today, U.S. Senator Tina Smith (D-Minn.) called on Department of Homeland Security (DHS) Secretary Kirstjen Nielsen to resign amid families being cruelly separated at the border, which is a policy Sec. Nielsen oversees in her leadership role within the Trump Administration. This statement originally appeared on Sen. Tina Smith’s official Senate Facebook page. “’I expect to be held accountable…’ “That’s what Homeland Security Secretary Kirstjen Nielsen told Senators during her confirmation hearing in November.  “I agree. As a Senator, I take holding this administration accountable very seriously. I believe Secretary Nielsen has lost the credibility to lead DHS, and that

At the Urging of Smith, Klobuchar, U.S. Department of Agriculture Extends Enrollment Deadline for Margin Protection Program to Assist Dairy Farmers

WASHINGTON, D.C. [06/20/2018]—U.S. Senators Tina Smith and Amy Klobuchar announced that the U.S. Department of Agriculture (USDA) has extended the enrollment deadline for the improved Margin Protection Program for Dairy (MPP-Dairy) following a letter from the senators requesting the extension. The MPP provides dairy producers with more cost-effective protections from shifting milk and feed prices by paying them when the difference between the national all-milk price and the national average feed cost (margin) falls below a certain dollar amount set by the producer. The new enrollment deadline is June 22, 2018. “Our dairy farmers are the backbone of our economy, and we

Sen. Tina Smith Helps Introduce Bill to Improve Access to Mental Health Services for Students

WASHINGTON, D.C. [06/21/2018]—Today, U.S. Senator Tina Smith (D-Minn.)—a member of the Senate Health Committee—helped introduce legislation in order to better address the increasing number of students with mental health concerns at colleges and universities across the country. The bill—known as the Higher Education Mental Health Commission Act—would create a national commission to study the mental health concerns that students face. This commission would includerepresentatives from higher education institutions, disability and student advocacy groups, students with mental health conditions, and family members of college students. “Facilitating open, honest conversations about mental health is an important first step toward eliminating the stigma that

Sen. Tina Smith Calls for Senate Health Committee Hearing on Negative Consequences of Family Separation on Children

WASHINGTON, D.C. [06/21/2018]—Today, U.S. Senator Tina Smith (D-Minn.) called on leaders of the Senate Health Committee—on which she serves—to hold a hearing in order to better understand the negative health effects of the Trump Administration’s disgraceful zero tolerance immigration policy on separated children and their families.  “Although the administration has said that they will stop separating families, we must hold them to this promise and ensure that the more than 2,300 children who have already been separated are safely reunited with their families and receive the care they need as soon as possible,” wrote Sen. Smith in her letter to Chairman

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