Latest Releases
Senators Klobuchar, Smith Announce New Regional Food Business Center to Support Farmers in Minnesota
WASHINGTON [5.10.23] – Today, U.S. Senators Amy Klobuchar and Tina Smith (both D-MN) announced the creation of a new Regional Food Business Center in Minnesota that will help farmers, ranchers, and other food businesses access new markets and navigate federal, state, and local resources. The new center, which will be located in Staples, MN, is made possible by the American Rescue Plan, which Klobuchar and Smith helped pass. “Our farmers are an essential part of the fabric of our state. We need to make sure they have the necessary resources to continue to feed and fuel the world,” said Klobuchar. “The new Regional Food Business Center will provide critical support to help farmers expand their businesses and reach new markets.” “Agriculture is the backbone of Minnesota’s diverse economy and I want to make sure our farmers have every opportunity to sell their products and stay competitive,” said Smith. “This new Regional Food Business Center will provide tailored guidance for farmers while helping them grow their business and access new markets. It will be a great resource made possible by the American Rescue Plan and I encourage Minnesota farmers to take advantage of it.” As part of the American Rescue Plan, the U.S. Department of Agriculture (USDA) announced funding for 12 Regional Food Business Centers, including the North Central location in Staples, MN. The Region Five Development Commission was selected to lead the North Central location, which will serve Minnesota, North Dakota and South Dakota. The Regional Food Business Centers will
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
U.S. Sen. Tina Smith Presses Swiss Pharmaceutical Giant Novartis to Ensure Improper Company Actions Aren’t Pushing Up U.S. Prescription Drug Prices
WASHINGTON D.C. [08/23/18]— Today, U.S. Sen. Tina Smith (D-Minn.) pushed for answers from Swiss pharmaceutical giant Novartis on improper financial and lobbying efforts – including a $1.2 million dollar payment to President Trump’s former lawyer Michael Cohen – that could be contributing to high prescription drug prices for people in Minnesota and across the country. In May, Novartis confirmed that it erred when it paid Cohen through a shell company to help influence Trump Administration health care policy. Those payments came after Novartis had already agreed in 2016 to comply with a U.S. Securities and Exchange Commission (SEC) order to establish
Sen. Smith Presses to Enhance Nation’s Energy Storage Capabilities
WASHINGTON D.C. [08/24/18]— U.S. Senator Tina Smith (D-Minn.) said legislation she is introducing would significantly increase America’s energy storage capabilities and help expand the role that renewable energies like wind and solar play in the nation’s energy portfolio. “Expanding the nation’s energy storage capabilities will not only help expand use of renewables like wind and solar energy but will contribute to our nation’s energy and economic security,” said Sen. Smith. “This bill will help to significantly improve our nation’s efforts to store energy, and jump start energy storage research and the deployment of energy storage technologies.” Sen. Smith’s “Advancing Grid Storage Act” would authorize $500 million over
Sen. Tina Smith Introduces Comprehensive Bill To Address A Top Minnesota Issue: Skyrocketing Prescription Drug Prices
WASHINGTON D.C. [09/05/18]—U.S. Sen. Tina Smith (D-Minn.) said today that for far too long the health and financial well-being of families in Minnesota and across the country has been harmed by the skyrocketing price of prescription drugs, and she introduced legislation—which is also supported by Minnesota Senator Amy Klobuchar—designed to hold large pharmaceutical companies accountable for high prices and bring down costs for both consumers and taxpayers. Sen. Smith, a member of the Senate Health Committee, said her measure will increase transparency for drug companies that are setting exorbitant prices, end the restriction that prevents the federal Medicare program from
Sen. Tina Smith Blasts DeVos Proposal That Would Leave Minnesota Students at Hands of Predatory Career Training Programs
WASHINGTON, D.C. [09/13/18]—Today, U.S. Senator Tina Smith (D-Minn.)—a member of the Senate Education Committee—stood up for students in Minnesota and across the country by calling on Education Secretary Betsy DeVos to withdraw a proposal aimed at striking down a rule to protect students and borrowers from career training programs that leave students saddled with debt and poor job prospects. Sen. Smith said students in Minnesota and across the country deserve to know which career training programs are successful, and which programs have a history of providing a low-quality education and overly-expensive degrees that have little value on the job market. Under
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