Latest Releases
U.S. Senator Tina Smith’s Bipartisan Bill to Extend Terrorism Risk Insurance, Support Housing Construction Passes the Senate Unanimously
Roughly 60 percent of American businesses have terrorism risk insurance, which is critical to major construction projects WASHINGTON, DC – U.S. Senator Tina Smith’s bipartisan legislation to safeguard the availability of terrorism risk insurance coverage passed the full Senate by a unanimous vote. Roughly 60 percent of American businesses have terrorism risk insurance, which could become unavailable without further action by Congress. Sen. Smith (D-MN) led the bipartisan Terrorism Risk Insurance Program Reauthorization Act of 2026 alongside Senators Dave McCormick (R-PA), Ruben Gallego (D-AZ) and Thom Tillis (R-NC). Following the attacks on September 11, 2001, many insurance companies started excluding terrorism risks from commercial insurance policies, leaving businesses and industries without access to coverage. Since insurance is a precondition for commercial lending and real estate transactions, this gap in coverage threatened broad economic damage across real estate, construction, energy, transportation and related industries. Congress responded by passing the Terrorism Risk Insurance Act of 2002 (TRIA), creating a federal reinsurance backstop to stabilize the private market and ensure that commercial policyholders could continue to obtain terrorism risk coverage. The private insurance market has relied on the TRIA backstop ever since. When TRIA briefly lapsed in December 2014, terrorism exclusions that insurers had pre-filed with state regulators took effect automatically, making terrorism coverage effectively unavailable across commercial policies nationwide. As a result, terrorism risk coverage was removed from policyholders immediately and without notice. Given that the current threat landscape remains elevated, allowing a similar lapse in terrorism coverage would expose policy holders to
U.S. Senator Tina Smith Reintroduces Bill to Help College Students Facing Emergencies Afford to Stay in School
Legislation would provide emergency funds as students face record high college costs WASHINGTON, D.C. – U.S. Senator Tina Smith (D-MN) has reintroduced legislation to help college students afford to stay in school when faced with unexpected financial emergencies. The Emergency Grant Aid for College Students Act comes as students face record high college costs, while the Trump Administration works to dismantle the Department of Education and limit federal borrowing amounts for undergraduate and professional students. “Paying for college is a precarious balancing act for many students, and that’s when everything is going ‘right,’” said Sen. Smith. “This bill would help provide financial stability for students facing a death in the family, steep medical bills, or any number of unexpected emergencies that too often force them to drop out of school and give up on their dreams, ultimately hurting our economy.” For students already balancing tuition, housing, groceries and transportation alongside work and classes, a car repair, medical bill or death in the family can put their education at risk. The Emergency Grant Aid for College Students Act would help colleges and universities provide emergency grants to help students manage these unexpected expenses and continue their education without taking on additional debt. Unlike student loans, the grants would not need to be repaid. The bill was introduced in the House of Representatives by Congressman Joe Morelle (D-NY 25). “Every student deserves the opportunity to pursue higher education and achieve their personal and professional goals,” said Congressman Morelle. “Unfortunately, unexpected financial emergencies
U.S. Senator Tina Smith’s Statement on Proposed Delay of National Ban on Hemp-Derived THC Products
MINNEAPOLIS, MN – U.S. Senator Tina Smith (D-MN) released the following statement after language delaying a national ban on most hemp-derived THC products, including THC beverages, was included in a must-pass budget resolution set to be voted on in the Senate this week. The ban was set to take place in November and would now be delayed until December, buying lawmakers more time to negotiate. “Adults should be allowed to have a THC beverage if they so choose. Minnesota has created one of the strongest, most carefully regulated systems in the country to allow the sale of hemp products. The
Sens. Smith, Moran Introduce Bipartisan Legislation to Strengthen Rural Hospitals
WASHINGTON, D.C. – U.S. Senators Tina Smith (D-MN) Jerry Moran (R-KS) this week introduced the Rural Emergency Hospital Designation Improvement Act (REH 2.0), bipartisan legislation to expand access to federal resources for rural hospitals through the Rural Emergency Hospital (REH) Medicare designation. This legislation would allow more Critical Access Hospitals (CAH) and rural hospitals at risk of closure to sustain health care services in rural communities, and it would make technical improvements to the designation. The legislation is cosponsored by Sens. Tommy Tuberville (R-AL), Katie Britt (R-AL), Shelley Moore Capito (R-WV), Cindy Hyde-Smith (R-MS) and Roger Marshall, M.D., (R-KS). “Rural hospitals are
Klobuchar, Smith Urge USPS to Protect Mail Service During Wildfires Impacting Northern Minnesota
WASHINGTON — U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN) are urging the United States Postal Service (USPS) Postmaster General to provide Minnesota with the necessary resources and support for postal operations impacted by wildfires. “We have heard from constituents who are concerned about mail delays resulting from the wildfires, and their ability to receive mail in the instance that they must evacuate,” wrote the Senators. “We urge you to ensure that Minnesota post offices receive the resources and support needed to maintain reliable service and communicate effectively with residents.” The full letter is available here and below. Dear Postmaster General Steiner: We
Senators Tina Smith, Jerry Moran Re-Introduce Legislation to Lower Cost of Oral Cancer Treatments
WASHINGTON, D.C. – U.S. Senators Tina Smith (D-MN) and Jerry Moran (R-KS) reintroduced bipartisan legislation to cut costs for cancer patients. Specifically, the bill would ensure cancer patients who are prescribed oral chemotherapy medication can access their drugs at comparable prices to other cancer treatments. Their Cancer Drug Parity Act requires health insurers to cover patient-administered (oral) cancer medications at the same cost-sharing level as traditional intravenous (IV) anticancer drug treatments, closing the coverage gap for federally regulated health plans. Over 2 million Americans are estimated to be diagnosed with cancer each year, and oral medications are a simpler, highly effective treatment option for many patients. According to a Susan G. Komen study released earlier this year, people receiving IV treatment reported a significantly greater negative impact on their daily lives than people receiving oral treatment, including having to
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