Latest Releases
U.S. Senators Tina Smith, Dave McCormick, Ruben Gallego and Thom Tillis Introduce Bipartisan Legislation to Extend the Terrorism Risk Insurance Program for Seven Years
WASHINGTON, DC – Today, U.S. Senators Tina Smith (D-MN), Dave McCormick (R-PA), Ruben Gallego (D-AZ), and Thom Tillis (R-NC) introduced the bipartisan Terrorism Risk Insurance Program Reauthorization Act of 2026, which is essential to economic security by safeguarding the availability of terrorism risk coverage. This legislation is also cosponsored by Senators Britt (R-AL), Van Hollen (D-MD), Crapo (R-ID), Cortez Masto (D-NV), Kennedy (R-LA), Schumer (D-NY), Moreno (R-OH), Kim (D-NJ), Ricketts (R-NE), Alsobrooks (D-MD), Warnock (D-GA) and Blunt-Rochester (D-DE). Following the attacks on September 11, 2001, most states began allowing terrorism risk to be excluded 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 unnecessary financial risk and uncertainty. “The Terrorism Risk Insurance Program is critical to keeping insurance available and affordable to businesses in Minnesota and across the country so they can grow and create jobs,” said Senator Smith. “Without this bill, a potential terrorism event would mean a financial catastrophe for many businesses and would be extremely costly to taxpayers.
U.S. Senators Tina Smith, Catherine Cortez Masto Introduce Legislation Protecting Children Harmed by ICE Actions Against Their Parents
WASHINGTON – Today, U.S. Senators Tina Smith (D-MN) and Catherine Cortez Masto (D-NV) introduced the Humane Enforcement and Legal Protections (HELP) for Separated Children Act. The legislation would protect children affected by immigration enforcement actions or proceedings against their parents. According to a 2019 analysis, there are 7.2 million children of noncitizen parents in the United States. “The images of 5-year-old Liam Conejo Ramos in his bunny hat after preschool are seared into the minds of Minnesotans. Using children as pawns to detain their parents is morally repugnant,” said Senator Smith. “This bill would put common-sense moral safeguards in place to protect children from ICE agents’ brutal tactics. Children are our most precious gift and needlessly traumatizing them in service of this Administration’s mass deportation campaign is beneath this nation’s morals.” “President Trump promised to go after the worst of the worst, but his immigration agenda is targeting hardworking immigrants instead,” said Senator Cortez Masto. “Innocent kids across the United States have been caught in the crossfire as their parents become targets of his Administration’s cruel immigration enforcement efforts. We must pass the HELP for Separated Children Act to require immigrant families be treated with dignity and to protect the rights of the most vulnerable among us.” “Coloradans must be assured that ICE is subject to the same common-sense practices we expect from well-functioning local law enforcement, especially when it comes to the best interests of children,” said Senator Bennet. “The HELP for Separated Children Act will bring dignity back to families and ensure proper safeguards are in place to hold ICE accountable. We cannot allow the Trump
U.S. Senators Tina Smith, Amy Klobuchar Announce Clean Energy Awards for Electric Co-Ops Across Minnesota
WASHINGTON – Today, U.S. Senators Tina Smith and Amy Klobuchar (both D-MN) announced funding to make energy upgrades for more than 150,000 people and homes in Greater Minnesota. Nine electric co-ops across the state are receiving federal funding to make energy upgrades that will reduce costs for consumers and increase energy efficiency. Minnesota’s electric cooperatives provide electricity to nearly one-third of the state. “The clean energy transition is here, and we can either lead or follow. I want Minnesota to lead, and with this announcement, we will,” said Senator Smith. “With this investment, cooperatives can unleash clean energy in a way that works best for their communities. This will fight climate change. This will lower energy costs. And
U.S. Senator Tina Smith Announces Federal Investment to Lower Housing Costs Through Zoning Reform in Twin Cities Metro Area
MINNEAPOLIS, MN – Today, U.S. Senator Tina Smith (D-MN), Ranking Member of the Senate Housing Subcommittee, announced an additional $5 million for the Twin Cities Metro area to assist with updating local zoning laws to build more affordable housing. The award will add to the $4 million previously announced in June 2024. The funding will provide technical support to cities and towns already in the process of updating their housing plans, community development strategies and best practices around zoning policy to incentivize more housing development. The funding will allow the Met Council to fully fund staff for the project through 2030. “We
Klobuchar, Smith Secure Significant Federal Funding to Eliminate Dangerous Rail Crossings in La Crescent
WASHINGTON – U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN) announced that they have secured $229,000 from the U.S. Department of Transportation (USDOT) for the La Crescent Rail Corridor Safety Improvement Project. This project will assess safety improvements at four railway crossings in La Crescent. The plan which will reduce the total number of crossings from four to three, which will improve safety for drivers and pedestrians through this corridor. Additionally, the project will involve the installation of protective devices, signals, and signage. “Blocked rail crossings not only inconvenience drivers, but also delay emergency vehicles and threaten public safety,” said
Klobuchar, Smith Secure Significant Federal Funding to Eliminate Dangerous Rail Crossings in Central Minnesota
WASHINGTON – U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN) announced that they have secured significant funding from the U.S. Department of Transportation (USDOT) for rail infrastructure projects in Central Minnesota. The TH 10 & CSAH 11 Railroad Crossing Improvement Study in Sherburne County has received $1.4 million to support grade crossing improvements in Becker Township. This at-grade intersection and BNSF rail crossing is an area of safety and mobility concern and several past studies have demonstrated the need for grade separation in several past studies. The Railroad Crossing Elimination Planning project in Douglas County has received $240,000 to
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