Latest Releases
U.S. Senators Tina Smith, Amy Klobuchar Announce Funding to Help Beginning, Emerging Farmers Access Farmland
MINNEAPOLIS, MN – U.S. Senators Tina Smith and Amy Klobuchar (both D-MN), members of the Senate Agriculture Committee, announced funding for Renewing the Countryside’s Upper Midwest Farmland Access Hub Navigator Program to improve farmland access outcomes for all stages of beginning farmers in Minnesota, Wisconsin, and Iowa. The Farmland Access Hub, in its seventh year, pairs land-seeking farmers with an advocate who can provide guidance and resources to help farmers on their land access journey and connect them with farmland owners hoping to transfer their land to new owners. They will use the nearly $750,000 in federal funding to expand their program. “The average age of a producer in the United States is 58, and in Minnesota it’s 57. And of course, this number increases every year. That in a nutshell is why we need to invest in the next generation of farmers, so this country’s agriculture production continues to work,” said Senator Smith. “This is a matter of national security, food security, and the strength and vitality of rural America. Agriculture is a driving force in America’s economy, and this grant will make sure our Ag economy is strong as the next generation of farmers takes over.” “Agriculture is the economic backbone of rural communities across our state, and we need to ensure the next generation of farmers receive the support they need to succeed,” said Senator Klobuchar. “With this federal funding, we’re taking a big step toward ensuring beginning farmers can access land to start and grow their businesses.” “We are excited
U.S. Senators Tina Smith, Amy Klobuchar Announce Clean Energy Projects for Minnesota Farms, Small Businesses in Rural Areas
[MINNEAPOLIS, MN] – U.S. Senators Tina Smith and Amy Klobuchar (both D-MN), members of the Senate Agriculture Committee, announced funding awards for 10 farms and small businesses across rural and Greater Minnesota to install clean energy technology. This round of funding for Minnesota totals $1.3 million. This year alone, Minnesota has seen over 170 clean energy projects in small towns and rural places thanks to the Rural Energy for America Program. “The clean energy transition is happening; the question is whether we lead or follow. I want us to lead,” said Senator Smith. “But as we make the switch to cleaner, cheaper energy, we need to make sure everyone benefits. That’s one reason programs like REAP, which helps rural communities install renewable energy systems, are so important. These investments will save farms and small businesses across Minnesota thousands of dollars a year in energy costs while helping reduce harmful emissions.” “Investing in long-term energy is a win-win for rural customers and businesses,” said Senator Klobuchar. “With this federal funding, we’re taking a big step toward deploying new energy technologies to power rural communities across Minnesota for decades to come.” Projects included can be found in the table below. The funding is specifically set aside for agricultural producers and rural small businesses to install renewable energy systems or to make energy efficiency improvements. The projects are possible thanks to the Renewable Energy for America (REAP) program, which Senator Smith championed and strengthened in the Inflation Reduction Act, which both Senators supported. Senator Smith continues to prioritize
Senators Klobuchar, Smith, and Representative Craig Announce Deadline Extension for Enrollment in 2023 Dairy Margin Coverage Program
WASHINGTON, D.C. [12/12/22] — U.S. Senators Amy Klobuchar, Tina Smith, and U.S. Representative Angie Craig (all D-MN) announced that the deadline for eligible farmers to enroll in the Dairy Margin Coverage (DMC) and Supplemental Dairy Margin Coverage (SDMC) programs has been extended. Eligible producers will now have until January 31, 2023 to enroll in the program. These programs help dairy producers manage the volatility of milk and feed price disparities. “The Dairy Margin Coverage program helps provide Minnesota’s dairy farmers with important stability and risk management tools that benefit our rural communities,” said Klobuchar. “This extended sign-up period will allow
Senators Smith, Warren Ask Key Regulators About Banking System’s Exposure to Crypto Risks after FTX Crash
Washington, D.C. – U.S. Senators Tina Smith (D-Minn.) and Elizabeth Warren (D-Mass.), members of the Senate Banking, Housing, and Urban Affairs Committee, sent letters to three key banking regulators raising concerns about the ties between the banking industry and crypto firms following FTX’s bankruptcy. The senators are asking each regulator, the Federal Reserve (Fed), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC), how they assess the banking system’s exposure to crypto risks. “(I)t appears that crypto firms may have closer ties to the banking system than previously understood,” wrote the senators. “Banks’
Senator Smith’s Bipartisan Legislation to Provide Transparency for Those Looking to Purchase Popular Long-Term Savings Vehicles Passes Senate
WASHINGTON, D.C. – Today, U.S. Senator Tina Smith (D-MN) announced her bipartisan legislation with Senator Thom Tillis (R-NC) to help provide transparency for consumers looking to purchase popular, long-term savings vehicles has passed the Senate. The bill would help ensure that investors considering purchasing Registered Index Linked Annuities (RILAs) get clear and direct information that promotes investor understanding. “It’s more important than ever for consumers to have clear and concise information about their investments,” said Smith. “This legislation would help consumers looking to purchase RILAs by providing clear information about their potential investments in terms that they are able to
Klobuchar, Smith Statements on Confirmation of Jerry Blackwell to be U.S. District Court Judge
WASHINGTON – U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN) issued the following statements after the Senate confirmed Jerry Blackwell to serve as a United States District Court Judge for the District of Minnesota. Blackwell has more than three decades of legal experience and was highly recommended by the judicial selection committee Senators Klobuchar and Smith convened to assist them in providing a recommendation to President Biden. “Jerry Blackwell is one of the most widely respected and accomplished members of the Minnesota legal community. With nearly 35 years of trial practice– including the successful prosecution of the murder of