Latest Releases
Sen. Smith Leads Bipartisan Legislation to Safeguard American Food Exports and Protect Farmers
WASHINGTON – U.S. Senators Tina Smith (D-MN), Mike Braun (R-IN), Roger Wicker (R-MS), and Chris Coons (D-DE), introduced bipartisan legislation to protect farmers in the event of animal disease outbreaks. The Safe American Food Exports (SAFE) Act would give the USDA clear authority to preemptively negotiate regionalization agreements for known animal disease threats, ultimately preventing unsafe agriculture exports from getting shipped around the globe and keeping trading markets open for American farmers with disease-free livestock. “I hear from Minnesota farmers all the time about the toll avian flu outbreaks have on families and the economy. Animal disease outbreaks can unnecessarily disrupt trade and hurt our exporting ability,” said Sen. Smith. “This bipartisan bill would allow the USDA to proactively negotiate regionalization agreements with our key trading partners. It’s a common-sense step that would help our farmers weather any future animal disease outbreaks.” “Indiana is a top ranked poultry-producing state, being first in the country for ducks, second for layer chickens and table eggs, and third for turkeys,” said Sen. Braun. “During the highly pathogenic avian influenza (HPAI) outbreak last year, our Hoosier poultry producers relied on trade regionalization agreements to ensure that their safe food products made it to market. Spending most of my life around the farm, I know just how devastating animal disease outbreaks can be. The SAFE Act will help farmers focus on animal health, rather than finding a market for their safe food products, by giving USDA the authority to negotiate proactive trade agreements.” “Poultry farmers across the
Senator Smith, Colleagues Call on Fed to Strengthen Rules for Banks with Assets Over $100 Billion
Washington, D.C. – U.S. Senators Tina Smith (D-Minn.), Elizabeth Warren (D-Mass.), Tammy Duckworth (D-Ill.), Richard Blumenthal (D-Conn.), Bernie Sanders (I-Vt.), Jack Reed (D-R.I.), Mazie Hirono (D-Hawaii), Ed Markey (D-Mass.), Angus King (I-Maine), Sheldon Whitehouse (D-R.I.), Chris Van Hollen (D-Md.), and Brian Schatz (D-Hawaii) wrote the Vice Chair for Supervision of the Federal Reserve (Fed) Michael Barr, calling on him to exercise the Fed’s authority to apply stronger regulation and supervision to banks with assets totaling $100 to $250 billion. “The fall of both SVB and Signature, the near-crash of First Republic, and the struggles of other regional banks shed new light on the systemic importance of banks with assets totaling between $100 and $250 billion,” wrote the senators. “In response to SVB’s and Signature Bank’s failures, the Department of Treasury, after consultation with the Fed and the Federal Deposit Insurance Corporation (FDIC), approved ‘systemic risk exceptions’ allowing the FDIC to fully compensate the banks’ depositors, including those holding deposits above the $250,000 FDIC insurance threshold. In making this determination, regulators acknowledged the systemic significance of banks of this size, and that their failure could have significant spillover effects on the broader banking system.” The 2018 Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA), which unwound Enhanced Prudential Standards for mid-sized banks, provided the Fed with the discretion to maintain stronger rules – including stronger requirements for capital, liquidity, stress testing, and resolution plans – to banks with assets between $100 and $250 billion. The Fed has largely failed to
U.S. Sens. Tina Smith, Jerry Moran Reintroduce Bill to Make Life-saving Oral Cancer Medications More Affordable
Senators’ Reintroduce Legislation to Ensure Oral Cancer Drugs are Covered in Same Way as Traditional IV Chemotherapy WASHINGTON, D.C. [03/12/19]—Today, U.S. Sens. Tina Smith (D-Minn.) and Jerry Moran (R-Kansas) took steps to bring down health care costs for cancer patients by reintroducing their bipartisan bill to make sure oral cancer drugs are covered in the same way as traditional intravenous (IV) chemotherapy. 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 prescribed oral cancer medicine than traditional (IV) chemotherapy. Sens. Smith and Moran’s Cancer Drug Parity Act would build
U.S. Senators Tina Smith, Amy Klobuchar Call on FCC Chair to Launch Probe into Frontier Communications’ Business Practices Amid Troubling Minnesota State Report, Attorney General Investigation
Frontier Received Millions in Federal Funding to Improve Rural Broadband While Delivering Shoddy Internet and Telephone Services; Senators Say Minnesotans Deserve Full FCC Investigation Into Use of Federal Funding WASHINGTON, D.C. [03/13/19]—In light of Minnesota state investigations into telecommunications provider Frontier Communications Corporation (Frontier) and its subsidiaries—which have received millions in federal funding—detailing poor service to consumers, today U.S. Sens. Tina Smith (D-Minn.) and Amy Klobuchar (D-Minn.) pressed Federal Communications Commission (FCC) Chair Ajit Pai to launch an investigation into Frontier’s business practices. A Minnesota Department of Commerce investigation alleges that Frontier may have broken at least 35 state laws and regulations, prompting the Minnesota Attorney General to open an investigation
Klobuchar, Smith Call for Continued Efforts to Support Farmers and Ranchers after Devastating February Blizzards
Klobuchar, Smith Call for Continued Efforts to Support Farmers and Ranchers after Devastating February Blizzards WASHINGTON, D.C. [03/15/19] – U.S. Senators Amy Klobuchar and Tina Smith urged the U.S. Department of Agriculture’s (USDA) Farm Service Agency (FSA) to commit to continued public outreach to farmers and ranchers following February’s devastating blizzards. In a letter to Joe Martin, the State Executive Director for the Minnesota FSA, the senators asked that he continue to conduct public outreach throughout the impacted counties to ensure that impacted farmers and ranchers fully understand their options, including for payments under several Farm Bill disaster programs and
U.S. Sen. Tina Smith Announces Support of Bill to Rebuild America’s Schools and Create Nearly 2 Million Jobs
Senator Says Legislation Will Help Make Infrastructure Improvements to Schools in Rural and Urban Areas, Expand Access to Broadband WASHINGTON, D.C. [03/18/19]– U.S. Senator Tina Smith (D-Minn.) believes schools in both rural and urban areas in Minnesota—and across the nation—need strong investments in infrastructure so students can learn in healthy and safe environments, which is why she’s announcing her support for legislation that would provide significant investments to both physical and digital infrastructure in schools across the country. The legislation enjoys widespread support from educators and parent advocacy groups in Minnesota and across the country. The Rebuild America’s Schools Act would create grant and tax bond programs
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