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
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
In Floor Speech, U.S. Sen. Tina Smith Shares Stories From Minnesota Air Traffic Controllers Hurt by Government Shutdown
WASHINGTON D.C. [01/10/19]—Today, U.S. Senator Tina Smith (D-Minn.), took to the Senate floor to share letters from Minnesota air traffic controllers hurt by the ongoing government shutdown. Sen. Smith had asked Minnesotans to share stories on how the shutdown has affected them, and received dozens of letters from air traffic controllers not receiving pay. Among the several letters she read on the Senate floor, Sen. Smith shared a letter from a new father named Joseph from Lakeville, MN. Joseph said that his son Oliver was born on New Year’s Eve and has been in intensive care since, and said that both he and
U.S. Senator Tina Smith Presses Trump Administration to Ensure Federal Contractor Workers Receive Back Pay Amid Shutdown
WASHINGTON, D.C. [01/10/19]—Today, U.S. Senator Tina Smith (D-Minn.)—along with 33 of her fellow Senate Democrats—called on the Trump Administration to direct federal agencies to work with contractors to provide back pay to compensate contractor employees for wages lost during the current shutdown. While Sen. Smith is working on legislation to ensure low-wage federal contractor employees receive back pay, she and her colleagues are also urging the Office of Management and Budget (OMB) to use existing authority to partner with federal contracting officers and use provisions to modify terms of contracts so employees receive lost wages. “Contract workers and their families
U.S. Senator Tina Smith’s Statement on Continued Fight to Secure Back Pay for Federal Contract Workers
WASHINGTON, D.C. [02/13/2019]—Tonight, U.S. Senator Tina Smith (D-Minn.) released the following statement highlighting the need to secure back pay for federal contractor employees who went without pay during the recent government shutdown. Sen. Smith expressed disappointment that reports indicate her bipartisan legislation is not included in the budget agreement to avoid another shutdown, but said she will keep fighting for these workers. “During the longest federal government shutdown in history, thousands of Americans who serve as contractors to the federal government lost over one month’s pay, through no fault of their own. These are people who work as security guards and clean office buildings, and work
English