Latest Releases
U.S. Senator Tina Smith Joins Elizabeth Warren, Banking Committee Democrats in Pressing SEC Chair to Require Disclosure of Corporate Lobbying Expenditures
Washington, D.C. — Today, U.S. Senators Tina Smith (D – Minn.), Sherrod Brown (D-Ohio.), Jon Tester (D-Mont.) and John Fetterman (D-Pa.) signed onto a letter led by Senator Elizabeth Warren (D – Mass.) urging Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), to create new rules requiring public companies to disclose their spending on lobbying efforts. Public companies are not currently required to report information on the details of their lobbying to the SEC even as corporate lobbying expenditures reach record highs. “In 2022, total federal lobbying expenditures reached $4.1 billion – the highest since 2010. Amazon and Meta spent almost $20 million each to influence decision-making in Congress and across government agencies, while the U.S. Chamber of Commerce – which counts companies like JPMorgan Chase, Alphabet, and Chevron among its members – spent $79.4 million,” wrote the senators. “While these figures are staggering, they provide little insight into the interests that companies spend millions each year to advance. This lack of transparency erodes the ability of everyday investors to make informed decisions about where to invest their money – and where their money goes once they have invested.” Specifically, the senators are requesting that such rules require disclosure of lobbying strategy, the total amount of direct or indirect contributions to registered state and federal lobbyists and any material risks related to or arising from lobbying strategies and expenditures. The senators requested the SEC provide them with details on their plans to develop and issue such rules no later than
U.S. Senators Tina Smith, Tom Cotton Reintroduce Bipartisan Legislation to Boost U.S. Pharmaceutical Manufacturing
WASHINGTON, D.C. — Today, Senators Tina Smith (D-MN) and Tom Cotton (R-AR) reintroduced bipartisan legislation to reduce dependence on foreign pharmaceutical manufacturing and boost production in the U.S. The pandemic exposed our nation’s dependence on other countries for essential prescription drugs. Seventy-seven percent of key pharmaceutical ingredients come from overseas, including from China, threatening the security of the supply chain and leading to shortages of essential prescription drugs. The American Made Pharmaceuticals Act would reduce our dependence on foreign countries for pharmaceuticals by boosting production here at home. The legislation would create federal incentives to onshore manufacturing of essential medicine, while taking steps to shore up links in the supply chain. “We know that depending on foreign countries for key resources – whether it’s oil or medicine – leaves us vulnerable to global supply chain shocks and shortages,” said Sen. Smith. “This bipartisan legislation would reduce our dependence on foreign pharmaceutical manufacturing and help boost production here at home. I look forward to getting this bill across the finish line so we can relieve prescription drug shortages and build more resilient supply chains.” “The Chinese Communist Party threatened to cut off America’s access to vital drugs during the pandemic,” said Sen. Cotton. “It’s time to bolster onshore manufacturing of pharmaceuticals to ensure Americans never have to rely on China for lifesaving medicine.” “Amneal applauds Senators Smith and Cotton on their targeted approach to increase pharmaceutical manufacturing here in the United States,” said Chirag Patel, President & Co-CEO of Amneal Pharmaceuticals. “Ensuring that
Klobuchar, Smith Demand Answers from Sun Country After Airline Cancels Flights and Strands Passengers in Mexico
WASHINGTON- U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN) sent a letter to Sun Country Airlines CEO Jude Bricker to demand answers from the company after the airline cancelled flights from Los Cabos and Mazatlán, Mexico to Minneapolis-St. Paul International Airport (MSP) due to severe weather, leaving approximately 250 passengers in a foreign country without flight options. Because these flights were the last of the season, Sun Country consumers in Mexico had no alternative travel options. Consumers were forced to purchase last-minute, one-way tickets through alternative airlines in order to return to Minnesota. While consumers were compensated for the
Senator Tina Smith to Host 8th Annual Minnesota Congressional Delegation Hotdish Competition
On Wednesday, April 25, Senator Tina Smith will host the eighth annual Minnesota Congressional Delegation Hotdish Competition. Sen. Smith is taking up the helm of Al Franken’s annual hotdish-off to determine which Minnesota Congressional Delegation member makes the best hotdish—a dish similar to what other states call a casserole, but indisputably better. Sen. Smith will be joined by the entire Minnesota congressional delegation: Sen. Amy Klobuchar, Reps. Collin Peterson, Betty McCollum, Keith Ellison, Tim Walz, Rick Nolan, Erik Paulsen, Tom Emmer, and Jason Lewis. Sam Brodey of the publication MinnPost will host the event and give opening remarks. “I’m continuing Senator Franken’s tradition
Sen. Tina Smith Exploring Legislation to Prevent Another Sun Country Airlines Fiasco
Today, U.S. Sen. Tina Smith (D-Minn.) announced she is exploring a legislative fix to prevent another Sun Country Airlines fiasco. Over the weekend, the Eagan-based airline stranded travelers in Mexico and around the country, leaving them to rebook new flights on their own and deal with insufficient refunds. “Sun Country stranded thousands of travelers around the country and in Mexico, leaving them to rebook on their own and front the money—hundreds, even thousands of dollars—for hotels and car rentals and other unforeseen costs. This type of confusion isn’t just bad business. It’s deeply unfair to Minnesota families. I’ve already asked Sun
HOTDISH UPDATE: Sen. Tina Smith Announces Judges of 8th Annual Minnesota Congressional Delegation Hotdish Competition
On Wednesday, April 25, Senator Tina Smith will host the eighth annual Minnesota Congressional Delegation Hotdish Competition. Sen. Smith is taking up the helm of Al Franken’s annual hotdish-off to determine which Minnesota Congressional Delegation member makes the best hotdish—a dish similar to what other states call a casserole, but indisputably better. Today, Sen. Smith is pleased to announce that this year’s judges will be: · Phill Drobnick—Gold-medal winning Coach of U.S Men’s Olympic Curling Team, the Minnesota hometown heroes known as “Team Shuster” · Joe Gill—Farm Director of KASM Radio in Albany, Minnesota · Noobtsaa Philip Vang—University of Minnesota graduate and founder of
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