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Senators Smith, Rounds Reintroduce Bipartisan Bill to Spur Economic Development in Underserved Communities
WASHINGTON – U.S. Senators Tina Smith (D-MN) and Mike Rounds (R-SD) reintroduced bipartisan legislation to jumpstart economic development and address disparities in access to capital. The bill would strengthen and expand Community Development Financial Institutions (CDFI), which play a critical role in bringing capital and financial services to a wide range of small businesses, homeowners and housing developers. Their legislation—the CDFI Bond Guarantee Program Improvement Act will extend authorization of the CDFI Bond Guarantee Program, while making it more reliable and accessible to smaller CDFIs. This legislation will expand and improve a successful program that operates at no cost to taxpayer and allows CDFIs to access long-term, stable funding. The CDFI Bond Guarantee Program was established in 2010 to provide long-term, low-cost capital to CDFIs, which use the funding for economic development activities in underserved communities. The program’s authorization lapsed in 2014, but it has been extended on a year-by-year basis in annual appropriations bills. Under current program rules, borrowers must have a loan size of at least $100 million – which means that the program can only be used for relatively large projects. “Unequal access to capital and financial services is a key driver of economic disparity around Minnesota,” said Sen. Smith. “This legislation will jumpstart economic development in these communities by expanding and enhancing a program with a track record of effective capital investment and community development.” “Since 2010, the Community Development Financial Institutions (CDFI) Bond Guarantee Program has extended long-term, low-cost capital to underserved communities across America,” said Sen. Crapo. “By reducing the minimum dollar amount for each loan,
U.S. Senator Tina Smith’s Statement on Trump Administration’s Move to Abandon Minneapolis Police Reform
WASHINGTON, D.C — Today, U.S. Senator Tina Smith (D-Minn.) issued the following statement on the Department of Justice’s decision to withdraw the federal consent decree with the Minneapolis Police Department: “I am deeply disturbed by the Trump administration’s decision to abandon the federal consent decree with the Minneapolis Police Department. This decree was based on the Justice Department’s own investigation, which found a pattern of unconstitutional and discriminatory policing practices that have hurt our community, especially Black and Native American people and people with mental illness, for decades. “It’s especially painful that this decision comes on the eve of the fifth anniversary of George Floyd’s murder—the very tragedy that sparked this investigation and the urgent push for reform. I led the call for that federal civil rights investigation because Minnesotans deserve accountability and reform. Walking away from this agreement, after confirming the need for it, is unconscionable. “Thankfully, the City of Minneapolis and Minnesota state leaders continue to stand on the side of justice. I’m grateful that the state-negotiated consent decree remains in place to continue working toward meaningful reform. The Minneapolis Police Department has taken steps in the right direction and is committed to continuing that work even as the federal government walks away. “Every Minnesotan deserves to be safe in their homes and neighborhoods, and that safety must include freedom from unconstitutional and discriminatory policing. This work isn’t finished yet, and we will keep holding ourselves accountable.”
U.S. Senator Tina Smith Helps Introduce Legislation to Restore National Park and Forest Service Staffing, Protect Public Lands
WASHINGTON – U.S. Senator Tina Smith (D-MN) helped introduce two bills to address the consequences of recent federal staff cuts at the National Park Service (NPS) and the U.S. Forest Service (USFS). The Protect Our Parks Act of 2025 and the Save Our Forests Act of 2025 will fully restore staffing levels at both agencies, ensuring that America’s national parks and forests remain accessible, safe, and well-maintained. This comes on the heels of Senator Smith bringing a fired Park Ranger from Voyageurs National Park to President Trump’s Joint Address to Congress last week. The Trump administration’s mass firings have led
U.S. SENATOR TINA SMITH REINTRODUCES LEGISLATION TO REPEAL THE COMSTOCK ACT
WASHINGTON, D.C. — Today, U.S. Senator Tina Smith (D-Minn.) reintroduced her landmark legislation to repeal an arcane 1873 law, the Comstock Act, that anti-choice extremists have repeatedly invoked as a backdoor means to effectively ban abortion nationwide without a single act of Congress. The Comstock Act is a centerpiece of Project 2025, the blueprint that Donald Trump and his Administration are following, and if misused, this ancient law would effectively end access to medication abortion nationwide without a single act of Congress. Donald Trump has installed an anti-abortion extremist as head of the Food and Drug Administration (FDA) who
U.S. Senators Amy Klobuchar, Tina Smith Press the Administration on Potential Closure of Paul Wellstone Federal Building in Minneapolis
WASHINGTON, D.C. – Today, U.S. Senators Amy Klobuchar (D-Minn.) and Tina Smith (D-Minn.) wrote a letter demanding answers about reported plans to close and sell the Paul Wellstone Federal Building in Minneapolis. This building provides key federal services, including housing assistance, worker protections, and passport processing. In a letter to General Services Administration (GSA) Administrator Stephen Ehikian, Housing and Urban Development Secretary Scott Turner, National Labor Relations Board Chairman Marvin E. Kaplan, and Bureau of Consular Affairs Senior Official John Armstrong, the Senators warned that shutting it down would put these essential services at risk. “Abrupt closure of the Wellstone Building would
U.S. Senators Amy Klobuchar, Tina Smith Press the Administration on Potential Closure Bishop Henry Whipple Federal Building at Fort Snelling
WASHINGTON, D.C. – Today, U.S. Senators Amy Klobuchar (D-Minn.) and Tina Smith (D-Minn.) wrote a letter demanding answers about a report that the Bishop Henry Whipple Federal Building at Fort Snelling may be closed and sold. This building houses essential services for veterans and military processing. In a letter to General Services Administration (GSA) Administrator Stephen Ehikian, Veterans Affairs Secretary Doug Collins, and Military Entrance Processing Command (MEPCOM) Commander Colonel Frankie Cochiaosue, the Senators warned that shutting it down could disrupt services for veterans and harm military readiness. “The services provided in the Whipple building are essential federal services. In
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