Latest Releases
U.S. Senator Tina Smith Presses JPMorgan CEO for Answers on Bank’s Ties to Jeffrey Epstein
WASHINGTON [5.10.23] – Today, Sen. Tina Smith (D-MN), wrote a letter to JPMorgan Chase’s CEO, Jamie Dimon, demanding answers following recent reports and court filings describing the bank’s financial involvement with Jeffrey Epstein. In her letter, Smith pressed Dimon for the bank’s policies and procedures around identifying and reporting human trafficking after allegations surfaced that JPMorgan ignored obvious signs of Epstein’s illegal activity and maintained its relationship with him against the advice of its own compliance department. “If true, JPMorgan’s decision to turn a blind eye to such egregious misconduct raises serious questions about its role in facilitating Epstein’s abuse, and its willingness or ability to root out and prevent other, less apparent instances of sex trafficking,” wrote Senator Smith According to an April 12 court filing, Epstein was a client at JPMorgan from 1998 to 2013 and maintained upwards of 50 accounts totaling hundreds of millions of dollars. This not only granted him access to exclusive banking and wealth management services, but apparently earned him the bank’s discretion. The filing alleges that in 2006, two years before Epstein was convicted for soliciting a minor for prostitution, a JPMorgan Rapid Response Team flagged internally that Epstein was making cash withdrawals ranging from $40,000 to $80,000 several times per month. By that year, the bank was reportedly aware that Epstein paid cash to have underage girls and young women trafficked to his home. This apparently became an open secret among senior executives, even devolving into a topic of jest. Still, the
Senators Smith, Rounds Unveil Major Bipartisan Package to Modernize and Update Rural Housing Programs
Washington [5.2.23] – This week, Senators Tina Smith (D-MN) and Mike Rounds (R-SD) introduced significant bipartisan legislation to improve federal rural housing programs, cut red tape, and strengthen the supply of affordable housing. The legislation would represent the most significant Rural Housing Service reforms years. “Without a safe, affordable place to live, nothing else in your life works. Not your job, not your education, not your health,” said Senator Smith. “We know that the housing crisis is hurting communities across the country, and the problem is particularly acute in rural places. This legislation is the direct result of bipartisan hearings and conversations with stakeholders who helped identify ways we can make federal rural housing programs work better for people struggling to find a safe, affordable place to live.” “Homeownership is part of the American dream and a key to building wealth,” said Senator Rounds. “Over the past year, Senator Smith and I have held hearings, met with stakeholders and visited with constituents in our states about the hurdles within the U.S. Department of Agriculture’s Rural Housing Service. This legislation makes important improvements and updates to the Rural Housing Service that will create and preserve affordable housing opportunities in South Dakota. As we face an affordable housing crisis across the nation, I look forward to working with my colleagues to get these important, bipartisan updates signed into law.” Lack of affordable housing remains an impediment for many rural towns and communities as they struggle to attract new businesses, residents and
Sen. Tina Smith Leads Effort to Extend Humanitarian Protections For Somali Nationals Living in Minnesota, Across the Country
WASHINGTON [07/18/18]—U.S. Senator Tina Smith (D-Minn.) led 21 of her Senate colleagues—including fellow Minnesota Senator Amy Klobuchar—in urging the Trump administration to extend humanitarian protections for hundreds of Somali nationals who have taken refuge in Minnesota and other states to escape civil war, human rights abuses and violence in their home country. In a letter to Homeland Security Secretary Kirstjen Nielsen and Secretary of State Mike Pompeo, Sen. Smith and her Senate colleagues pressed the Trump Administration to extend the protections, known as Temporary Protected Status (TPS), for the almost 500 Somali nationals living in the United States.
Sen. Tina Smith Introduces Bill to Help Veterans Get Care for Hearing Loss, Their Most Common Service-Related Health Issue
WASHINGTON [07/18/18]—Today, U.S. Senator Tina Smith (D-Minn.) introduced legislation to reduce the red tape many veterans face when trying to get care for hearing loss as a result of their service—something many veterans say is an enormous burden despite being the most common service-connected ailment. Sen. Smith heard about this problem through her office’s veterans’ health care tour, which visited some 10 communities throughout Minnesota to hear what health challenges veterans are facing. You can access a summary of the bill here and text of the bill here. Currently, veterans receiving benefits through the VA must document hearing loss or tinnitus incurred while in
Sen. Tina Smith’s Statement on Extension of Humanitarian Protections For Somali Nationals
WASHINGTON [07/19/18]—Today, U.S. Senator Tina Smith released the following statement after the Department of Homeland Security heeded the call and granted an extension of humanitarian protections for hundreds of Somali nationals who have taken refuge in our nation—including many in Minnesota—to escape civil war, human rights abuses and violence in their home country. “This is a relief for hundreds of people who would have been forced to leave this country—including many in Minnesota,” said Sen. Smith. “I’m glad the Department of Homeland Security heeded the call to extend humanitarian protections for Somalia for 18 months, and now it’s time to work on a long-term solution.”
Sen. Tina Smith: Farmers Shouldn’t Bear Burden of President Trump’s Tariff Increases
WASHINGTON [07/23/18]—Today, U.S. Senator Tina Smith (D-Minn.) shared concerns with top officials in the Trump administration about the effects the President’s recent tariff increases will have on farmers in Minnesota and across the country. Sen. Smith believes that the United States must take action to address trading practices that threaten U.S. jobs. However, she believe such actions must be done in a thoughtful, strategic way. In a letter to USDA Secretary Sonny Perdue and U.S. Trade Representative Robert Lighthizer, Sen. Smith—a member of the Senate Agriculture Committee—called for the Trump Administration to provide clear answers to farmers, ranchers, and the
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