Latest Releases
U.S. Senator Tina Smith Joins Elizabeth Warren, Banking Committee Democrats in Pressing SEC Chair to Require Disclosure of Corporate Lobbying Expenditures
Washington, D.C. — Today, U.S. Senators Tina Smith (D – Minn.), Sherrod Brown (D-Ohio.), Jon Tester (D-Mont.) and John Fetterman (D-Pa.) signed onto a letter led by Senator Elizabeth Warren (D – Mass.) urging Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), to create new rules requiring public companies to disclose their spending on lobbying efforts. Public companies are not currently required to report information on the details of their lobbying to the SEC even as corporate lobbying expenditures reach record highs. “In 2022, total federal lobbying expenditures reached $4.1 billion – the highest since 2010. Amazon and Meta spent almost $20 million each to influence decision-making in Congress and across government agencies, while the U.S. Chamber of Commerce – which counts companies like JPMorgan Chase, Alphabet, and Chevron among its members – spent $79.4 million,” wrote the senators. “While these figures are staggering, they provide little insight into the interests that companies spend millions each year to advance. This lack of transparency erodes the ability of everyday investors to make informed decisions about where to invest their money – and where their money goes once they have invested.” Specifically, the senators are requesting that such rules require disclosure of lobbying strategy, the total amount of direct or indirect contributions to registered state and federal lobbyists and any material risks related to or arising from lobbying strategies and expenditures. The senators requested the SEC provide them with details on their plans to develop and issue such rules no later than
U.S. Senators Tina Smith, Tom Cotton Reintroduce Bipartisan Legislation to Boost U.S. Pharmaceutical Manufacturing
WASHINGTON, D.C. — Today, Senators Tina Smith (D-MN) and Tom Cotton (R-AR) reintroduced bipartisan legislation to reduce dependence on foreign pharmaceutical manufacturing and boost production in the U.S. The pandemic exposed our nation’s dependence on other countries for essential prescription drugs. Seventy-seven percent of key pharmaceutical ingredients come from overseas, including from China, threatening the security of the supply chain and leading to shortages of essential prescription drugs. The American Made Pharmaceuticals Act would reduce our dependence on foreign countries for pharmaceuticals by boosting production here at home. The legislation would create federal incentives to onshore manufacturing of essential medicine, while taking steps to shore up links in the supply chain. “We know that depending on foreign countries for key resources – whether it’s oil or medicine – leaves us vulnerable to global supply chain shocks and shortages,” said Sen. Smith. “This bipartisan legislation would reduce our dependence on foreign pharmaceutical manufacturing and help boost production here at home. I look forward to getting this bill across the finish line so we can relieve prescription drug shortages and build more resilient supply chains.” “The Chinese Communist Party threatened to cut off America’s access to vital drugs during the pandemic,” said Sen. Cotton. “It’s time to bolster onshore manufacturing of pharmaceuticals to ensure Americans never have to rely on China for lifesaving medicine.” “Amneal applauds Senators Smith and Cotton on their targeted approach to increase pharmaceutical manufacturing here in the United States,” said Chirag Patel, President & Co-CEO of Amneal Pharmaceuticals. “Ensuring that
Klobuchar and Smith Urge Federal Communications Commission (FCC) to Ensure Minnesota Students Have Internet Access
WASHINGTON – U.S. Senators Amy Klobuchar and Tina Smith urged Federal Communications Commission (FCC) Chairman Ajit Pai to take action to ensure that Minnesota students have access to the internet so that they can continue learning while schools are closed in response to the coronavirus (COVID-19) pandemic. Minnesota’s schools are closed until at least March 27, while 17 percent of students in Minnesota do not have access to high speed internet at home. “With nearly one million students potentially being moved to online instruction, we are concerned about the 17 percent of students in Minnesota who do not have access
U.S. Senator Tina Smith Pushes to Ensure Funding, Reimbursement For Hospitals, Other Providers Hit by Surge in Coronavirus Patients
WASHINGTON, D.C. [03/18/20]— Today, U.S. Senator Tina Smith (D-Minn.) is pressing the top Trump Administration Emergency Management official for “clear and strong” assurances that hospitals and other health providers who now face an overwhelming increase in emergency coronavirus patients will get quick federal funding and reimbursement to help them expand capacity to meet the need. In a letter Wednesday to the head of the Federal Emergency Management Agency (FEMA) Peter Gaynor, Sen. Smith said such funding assurances are second in priority only to ensuring that Minnesota and the rest of the country have adequate testing capacity to allow the country to determine the extent
U.S. Senator Tina Smith Presses Secretary Pompeo for Plan to Bring Home Minnesotans, Other Americans Trapped Abroad Due to Coronavirus
WASHINGTON, D.C. [03/18/20]—With a growing number of countries closing their borders due to the spreading coronavirus (COVID-19) pandemic, U.S. Senator Tina Smith (D-Minn.) is pressing U.S. Secretary of State Mike Pompeo to quickly implement plans to get information and assistance to Minnesotans and other Americans trapped abroad so they can safely travel home. In a letter to Pompeo Tuesday, Sen. Smith said her office has been in contact with numerous Minnesotans trapped in countries that have closed their borders—like Peru and Morocco—leaving them with no access to commercial flights or other transportation. With other countries expected to follow suit and close borders, Smith said the number
Minnesota Congressional Delegation Speaks with One Unified Voice on Coronavirus Response
WASHINGTON – Today, U.S. Senators Amy Klobuchar and Tina Smith, and Representatives Jim Hagedorn (MN-01), Angie Craig (MN-02), Dean Phillips (MN-03), Betty McCollum (MN-04), Ilhan Omar (MN-05), Tom Emmer (MN-06), Collin Peterson (MN-07), and Pete Stauber (MN-08) wrote an open letter to the people of Minnesota concerning the coronavirus (COVID-19) pandemic. The delegation is committed to working together to ensure Minnesotans have the information they need to keep themselves and their families safe. “The coronavirus (COVID-19) pandemic is a rare event that is reshaping our society. We all need to follow the recommendations from the Centers for Disease Control and
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