Latest Releases
U.S. Senator Tina Smith and Congresswoman Nydia Velázquez Introduce Legislation to Protect Survivors of Intimate Partner Violence from Economic Abuse
[WASHINGTON, DC] – Today, Senator Tina Smith (D-MN) and Congresswoman Nydia M. Velázquez (D-NY) introduced the Survivor Financial Safety and Inclusion Working Group Act, a bill aimed at increasing support for survivors of intimate partner violence within the financial system. The bill would create an interagency working group comprised of the federal financial regulators and relevant stakeholders, including a representative of historically underserved communities. The working group would be tasked with collecting data on the impacts of economic abuse of survivors carried out through regulated financial institutions. The working group would also provide recommendations on how Congress and federal regulators can help financial institutions improve existing products and services and launch new ones to meet survivors’ financial and safety needs. “It can be impossible for someone trapped in an abusive relationship to escape if they’re unable to land on their feet,” said Senator Smith. “Abusers in intimate partner relationships use financial insecurity as a tool to trap their victims. This legislation will help protect survivors of economic abuse within the financial system and ensure they have a chance at safety, healing, and long-term financial stability.” “Intimate partner violence is a scourge in our society, with over 10 million men and women being physically abused by an intimate partner in the United States every year. Most survivors also report experiencing economic abuse from harm-doers, making it extremely difficult to build the financial security necessary to escape a dangerous situation,” said Congresswoman Velázquez. “It’s clear that financial institutions must do more to reduce economic abuse of survivors. This
U.S. Senators Tina Smith, Chris Murphy and Representative Nanette Diaz Barragán Introduce Legislation to Improve Conditions Exacerbating Health Inequities Among Black, Brown, Indigenous and People of Color
WASHINGTON, DC – U.S. Senators Tina Smith (D-Minn.), Chris Murphy (D-Conn.) and Representative Nanette Diaz Barragán (D-Calif.-44) introduced legislation to study and address how social, environmental, and economic conditions exacerbate health inequities in Black, Brown, Indigenous, and people of color. These conditions, known as social determinants of health (SDOH), are the result of institutional racism embedded in our society including in housing, employment, education, health care and more. While it’s often believed that good health is only due to medical care, one estimate found that clinical treatment accounts for only 10 to 20 percent of an individual’s overall health. Meanwhile, around 80 to 90 percent of healthy outcomes are driven by social determinants. “For many Black, Brown, Indigenous and people of color, health outcomes like chronic disease and overall longevity are determined by factors out of their control, often rooted in institutional racism and lasting inequities. Supporting healthy families and communities means more than just access tomedical care – it’s also having a safe place to call home, jobs, adequate food and more,” said Senator Smith. “This legislation will help us chart a better path forward to rectify historical injustices and ensure everyone has the chance to live a healthy life.” “When you don’t have a safe, stable place to live, or you can’t find affordable, nutritious food in your neighborhood, you’re more likely to develop chronic health issues that cost you thousands in medical bills. These structural inequities disproportionately impact communities of color and can have really devastating consequences for peoples’ health. I’m glad to team up with Senator Smith on this legislation to make a worthwhile investment in helping communities create healthy environments and improve long-term health outcomes,” said
Klobuchar, Smith Announce Loan Eligibility for Farmers Included in Interim Coronavirus Relief Package Passed by Senate
WASHINGTON – U.S. Senators Amy Klobuchar and Tina Smith announced that farmers in Minnesota and across the country are now eligible for additional disaster loan relief under the most recent coronavirus relief package passed unanimously by the Senate. Under a bill passed by the Senate this week, agricultural enterprises will become eligible for the Small Business Administration’s Economic Injury Disaster Loans (EIDL) and Emergency Economic Assistance Grant (EEAG) programs. These key changes will allow farmers to be eligible low-interest loans from the federal government, as well as grants of up to $10,000 to help farmers get through the coronavirus pandemic. This important provision
U.S. Senators Tina Smith, John Hoeven Lead Bipartisan Push to Treasury Department, Small Business Administration to Ensure Eligibility of Rural Electric Cooperatives in Paycheck Protection Program
WASHINGTON, D.C. [04/22/20]—Today, U.S. Senators Tina Smith (D-Minn.) and John Hoeven (R-N.D.) led a bipartisan group of senators in urging the U.S. Department of the Treasury and the Small Business Administration (SBA) to clarify that rural electric cooperatives are eligible for the Paycheck Protection Program (PPP), which was created under the Coronavirus Aid, Relief, and Economic Security (CARES) Act to support small businesses and help them maintain payroll and cover expenses during the coronavirus (COVID-19) pandemic. Some lenders are approving PPP loans for electric cooperatives, while other lenders are refusing to do so without further guidance from the SBA. Rural electric cooperatives have urged
U.S. Senator Tina Smith Says Latest Coronavirus Relief Package To Replenish Small Business Loan Fund, Also Adds Money For Hospitals and Testing
WASHINGTON, D.C. [04/21/20]— U.S. Senator Tina Smith (D-Minn.) said the $470 billion coronavirus relief package which passed the Senate today will provide an additional $370 billion in urgently-needed emergency loans and grants for hard-hit small businesses in Minnesota and across the country. It also targets $75 billion to help hospitals handle the surge in infections and $25 billion to dramatically improve the nation’s coronavirus testing capabilities. Sen. Smith said she strongly supported the effort to provide additional and urgently-needed help to Minnesota small businesses who have yet to receive it, but said Congress may have to provide even more assistance if the funding in the package
Klobuchar, Smith, Colleagues Urge Administration to Protect Food Supply and Essential Workers During Coronavirus Pandemic
WASHINGTON – U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN) joined Senator Debbie Stabenow (D-MI) in a group of 36 Democratic senators urging Vice President Mike Pence and other members of the Trump Administration to take action to help ensure the safety of the nation’s food supply and protect essential workers in the food supply chain. “It is vital that we do everything we can to protect food supply workers,” the senators wrote. “Breakdowns in the food supply chain could have significant economic impacts for both consumers and agricultural producers. It is also imperative that precautions are taken to ensure the
English