Latest Releases
U.S. Senator Tina Smith Reintroduces Legislation to Support Sustainable Workplace Retirement Plans
WASHINGTON, D.C. [02/16/23]— Today, U.S. Senator Tina Smith (D-Minn.) reintroduced legislation to provide legal certainty to workplace retirement plans that choose to consider environmental, social and governance (ESG) factors in their investment decisions or offer ESG investment options. “Sustainable investment options are good for retirees and good for our environment—that’s a win-win,” said Sen. Smith, a member of the Senate Banking Committee. “I’m putting forth this legislation because we know there’s a growing demand for sustainable investing, and Congress should act now to provide the legal certainty necessary to make sure workplace retirement plans are able to offer these options to workers across the country.” Despite considerable demand for sustainable investment options, relatively few workplace retirement plans, such as pensions and 401(k) plans, take sustainable investing principles into account in their investment decisions or provide sustainable investment options to workers. This is the case even though many workers and retirees want their plans to do so. One of the primary issues hindering plans that want to offer sustainable investment options is an uncertain and regularly changing legal environment. Under the Trump Administration, the Department of Labor issued a rule that imposed new limits on the consideration of environmental, social, and governance (ESG) factors by workplace retirement plans. That rule was rescinded and replaced last year, once again allowing plans to invest sustainably. However, the new rule is currently subject to a legal challenge and is the target of a Congressional Review Act resolution. The Freedom to Invest in a Sustainable Future Act
U.S. Senators Tina Smith, Lindsey Graham Reintroduce Bipartisan Legislation to Help Prepare Young People for the Workforce
WASHINGTON, D.C. [02/16/23]—This week, U.S. Senators Tina Smith (D-Minn.) and Lindsey Graham (R-S.C.) reintroduced bipartisan legislation to promote partnerships between afterschool providers and businesses so young people can explore career paths and opportunities that help them land their first jobs and thrive in the workforce. The Youth Workforce Readiness Act would support high-quality programs that help young people gain practical skills and connect them to real-life work experiences and learning opportunities. The legislation is co-sponsored by Senators Susan Collins (R-ME) and Ron Wyden (D-OR). “We should be doing everything we can to provide our kids with the skills and connections they need to find good jobs and contribute to their communities. I also hear from employers in Minnesota that they need help getting connected to great employees. That’s where afterschool and out-of-school time providers can play a role in helping young people gain skills and make connections to mentors, opportunities and local employers,” said Sen. Smith, a member of the Senate Education and Labor Committee. “Our bipartisan bill would help support youth success for years to come by exposing young people to a wide range of careers and helping them make connections in the workforce.” “Preparing our kids to successfully contribute to our economy helps keep America strong,” said Sen. Graham. “A well-educated, well-trained workforce is a key component to future economic development. This legislation is great news for South Carolina and an important investment in the future of our nation.” Right now, too many young people in Minnesota and around the
U.S. Sens. Tina Smith, Jerry Moran Introduce Bipartisan Bill to Make Life-saving Oral Cancer Medications More Affordable
WASHINGTON, D.C. [12/12/18]—Today, U.S. Sens. Tina Smith (D-Minn.) and Jerry Moran (R-Kansas) introduced legislation—also supported by Sens. Chris Murphy (D-Conn.) and Roger Wicker (R-Miss.)—to make sure oral cancer drugs are covered in the same way as traditional (IV) chemotherapy to bring down costs for Americans suffering from cancer. Sens. Smith and Moran said their bipartisan bill, the Cancer Drug Parity Act, is needed to make sure that health insurance plans fairly cover advances in oral cancer medication. Currently, over 40 states—including both Minnesota and Kansas—and the District of Columbia have passed “oral parity” laws that stop insurers from charging more for
U.S. Sen. Tina Smith: Federal Judge’s Decision Threatens Vital Health Care Coverage for Millions of Americans
WASHINGTON, D.C. [12/14/18]—Today, U.S. Senator Tina Smith (D-Minn.) released the following statement after a federal judge in Texas deemed provisions of the landmark Affordable Health Care Act unconstitutional. “The ruling by a federal judge in Texas today to undermine historic health care legislation—if the decision is allowed to stand—would be catastrophic. This ruling would rob millions of their health care coverage, and would return us to the days when Americans could be denied coverage because of pre-existing conditions, like cancer or diabetes, or allow women to be charged more for health insurance. Americans made their voices heard to stop repeal last year, and
Tina Smith Sworn in as U.S. Senator from Minnesota, Wednesday
WASHINGTON, D.C. [1/03/19]—Today, Tina Smith (D-Minn.) was sworn in as U.S. Senator for Minnesota. Sen. Smith was elected to the seat in November, giving her a new term that runs until January, 2021. “It’s been an honor to represent Minnesota in the U.S. Senate for the past year and I’m excited to continue my work on behalf of all Minnesotans as the new Congress begins today,” Sen. Smith said. “After traveling across Minnesota for the past year and hearing from people, I know that we still have a lot of work to do to bring economic opportunity to families, businesses and
U.S. Senator Tina Smith, Colleagues Plan to Introduce Legislation to Ensure Low-Wage Federal Contract Employees Receive Back Pay
WASHINGTON, D.C. [01/04/19]—Today, U.S. Senator Tina Smith (D-Minn.), along with her colleagues Sens. Sherrod Brown (D-Ohio), Mark Warner (D-Va.), Chris Van Hollen (D-Md.), Ben Cardin (D-Md.), and Tim Kaine (D-Va.), pledged to stand up for low-wage federal contract workers by announcing plans to introduce legislation to secure back pay for the contractor employees who have gone without pay during the government shutdown. Each day, thousands of contractor employees provide critical services to support the federal government, often at low wages, and many have been furloughed or forced to accept reduced work hours as a result of the government shutdown. Many
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