Latest Releases
Sen. Smith Leads Bipartisan Legislation to Safeguard American Food Exports and Protect Farmers
WASHINGTON – U.S. Senators Tina Smith (D-MN), Mike Braun (R-IN), Roger Wicker (R-MS), and Chris Coons (D-DE), introduced bipartisan legislation to protect farmers in the event of animal disease outbreaks. The Safe American Food Exports (SAFE) Act would give the USDA clear authority to preemptively negotiate regionalization agreements for known animal disease threats, ultimately preventing unsafe agriculture exports from getting shipped around the globe and keeping trading markets open for American farmers with disease-free livestock. “I hear from Minnesota farmers all the time about the toll avian flu outbreaks have on families and the economy. Animal disease outbreaks can unnecessarily disrupt trade and hurt our exporting ability,” said Sen. Smith. “This bipartisan bill would allow the USDA to proactively negotiate regionalization agreements with our key trading partners. It’s a common-sense step that would help our farmers weather any future animal disease outbreaks.” “Indiana is a top ranked poultry-producing state, being first in the country for ducks, second for layer chickens and table eggs, and third for turkeys,” said Sen. Braun. “During the highly pathogenic avian influenza (HPAI) outbreak last year, our Hoosier poultry producers relied on trade regionalization agreements to ensure that their safe food products made it to market. Spending most of my life around the farm, I know just how devastating animal disease outbreaks can be. The SAFE Act will help farmers focus on animal health, rather than finding a market for their safe food products, by giving USDA the authority to negotiate proactive trade agreements.” “Poultry farmers across the
Senator Smith, Colleagues Call on Fed to Strengthen Rules for Banks with Assets Over $100 Billion
Washington, D.C. – U.S. Senators Tina Smith (D-Minn.), Elizabeth Warren (D-Mass.), Tammy Duckworth (D-Ill.), Richard Blumenthal (D-Conn.), Bernie Sanders (I-Vt.), Jack Reed (D-R.I.), Mazie Hirono (D-Hawaii), Ed Markey (D-Mass.), Angus King (I-Maine), Sheldon Whitehouse (D-R.I.), Chris Van Hollen (D-Md.), and Brian Schatz (D-Hawaii) wrote the Vice Chair for Supervision of the Federal Reserve (Fed) Michael Barr, calling on him to exercise the Fed’s authority to apply stronger regulation and supervision to banks with assets totaling $100 to $250 billion. “The fall of both SVB and Signature, the near-crash of First Republic, and the struggles of other regional banks shed new light on the systemic importance of banks with assets totaling between $100 and $250 billion,” wrote the senators. “In response to SVB’s and Signature Bank’s failures, the Department of Treasury, after consultation with the Fed and the Federal Deposit Insurance Corporation (FDIC), approved ‘systemic risk exceptions’ allowing the FDIC to fully compensate the banks’ depositors, including those holding deposits above the $250,000 FDIC insurance threshold. In making this determination, regulators acknowledged the systemic significance of banks of this size, and that their failure could have significant spillover effects on the broader banking system.” The 2018 Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA), which unwound Enhanced Prudential Standards for mid-sized banks, provided the Fed with the discretion to maintain stronger rules – including stronger requirements for capital, liquidity, stress testing, and resolution plans – to banks with assets between $100 and $250 billion. The Fed has largely failed to
Sen. Tina Smith’s Statement on EPA Administrator Scott Pruitt’s Resignation
WASHINGTON, D.C. [07/05/18]—Today, U.S. Senator Tina Smith (D-Minn.)—a member of the Senate Energy Committee—released the following statement on Environmental Protection Agency (EPA) Administrator Scott Pruitt’s resignation. This statement originally appeared on Sen. Tina Smith’s official Senate Facebook page. “Scott Pruitt abused our trust. I’m glad he stepped down. I had repeatedly called on him to do so, and now the Trump Administration needs to replace him with somebody who has the integrity and effectiveness to fight for our environment. After all, that’s the job of the EPA Administrator.” ###
Sen. Tina Smith Presses to Help Schools in Minnesota, Across the Country Hit Hard by Teacher Shortages
WASHINGTON D.C [07/09/18]—Today, U.S. Sen. Tina Smith (D-Minn.)—a member of the Senate Education Committee—introduced legislation to help schools in Minnesota and across the country fill their growing need for STEM and special education teachers, to give rural districts resources to overcome teacher shortages, and to develop a more-diverse teacher workforce in the nation’s schools. Sen. Smith’s bill—the Addressing Teacher Shortages Act—would allow school districts across the country to apply for grants to help them to attract and retain the quality teachers they need. The bill would also provide funding for the Department of Education to administer the grant program and help
Sen. Tina Smith Presses to Help Schools in Minnesota, Across the Country Hit Hard by Teacher Shortages
WASHINGTON D.C [07/09/18]—Today, U.S. Sen. Tina Smith (D-Minn.)—a member of the Senate Education Committee—introduced legislation to help schools in Minnesota and across the country fill their growing need for STEM and special education teachers, to give rural districts resources to overcome teacher shortages, and to develop a more-diverse teacher workforce in the nation’s schools. Sen. Smith’s bill—the Addressing Teacher Shortages Act—would allow school districts across the country to apply for grants to help them to attract and retain the quality teachers they need. The bill would also provide funding for the Department of Education to administer the grant program and help
Sen. Tina Smith’s Remarks on President Trump’s Nomination of Brett Kavanaugh to Serve as Supreme Court Justice
WASHINGTON, D.C. [07/09/18]—U.S. Senator Tina Smith (D-Minn.) took to the Supreme Court steps shortly after President Donald Trump announced Brett Kavanaugh as his nominee to fill the vacancy left by Supreme Court Justice Anthony Kennedy’s retirement. Sen. Smith joined fellow Senate colleagues, advocacy organizations, and groups to call for a Justice who will protect the rights of all Americans. “This is a pivotal moment for our country–the person who fills this seat long held by Justice Kennedy will shape the course of American democracy for decades,” said Sen. Smith. “I had hoped that the President would appoint a consensus Justice, a person
English