Latest Releases
U.S. Senator Tina Smith Presses JPMorgan CEO for Answers on Bank’s Ties to Jeffrey Epstein
WASHINGTON [5.10.23] – Today, Sen. Tina Smith (D-MN), wrote a letter to JPMorgan Chase’s CEO, Jamie Dimon, demanding answers following recent reports and court filings describing the bank’s financial involvement with Jeffrey Epstein. In her letter, Smith pressed Dimon for the bank’s policies and procedures around identifying and reporting human trafficking after allegations surfaced that JPMorgan ignored obvious signs of Epstein’s illegal activity and maintained its relationship with him against the advice of its own compliance department. “If true, JPMorgan’s decision to turn a blind eye to such egregious misconduct raises serious questions about its role in facilitating Epstein’s abuse, and its willingness or ability to root out and prevent other, less apparent instances of sex trafficking,” wrote Senator Smith According to an April 12 court filing, Epstein was a client at JPMorgan from 1998 to 2013 and maintained upwards of 50 accounts totaling hundreds of millions of dollars. This not only granted him access to exclusive banking and wealth management services, but apparently earned him the bank’s discretion. The filing alleges that in 2006, two years before Epstein was convicted for soliciting a minor for prostitution, a JPMorgan Rapid Response Team flagged internally that Epstein was making cash withdrawals ranging from $40,000 to $80,000 several times per month. By that year, the bank was reportedly aware that Epstein paid cash to have underage girls and young women trafficked to his home. This apparently became an open secret among senior executives, even devolving into a topic of jest. Still, the
Senators Smith, Rounds Unveil Major Bipartisan Package to Modernize and Update Rural Housing Programs
Washington [5.2.23] – This week, Senators Tina Smith (D-MN) and Mike Rounds (R-SD) introduced significant bipartisan legislation to improve federal rural housing programs, cut red tape, and strengthen the supply of affordable housing. The legislation would represent the most significant Rural Housing Service reforms years. “Without a safe, affordable place to live, nothing else in your life works. Not your job, not your education, not your health,” said Senator Smith. “We know that the housing crisis is hurting communities across the country, and the problem is particularly acute in rural places. This legislation is the direct result of bipartisan hearings and conversations with stakeholders who helped identify ways we can make federal rural housing programs work better for people struggling to find a safe, affordable place to live.” “Homeownership is part of the American dream and a key to building wealth,” said Senator Rounds. “Over the past year, Senator Smith and I have held hearings, met with stakeholders and visited with constituents in our states about the hurdles within the U.S. Department of Agriculture’s Rural Housing Service. This legislation makes important improvements and updates to the Rural Housing Service that will create and preserve affordable housing opportunities in South Dakota. As we face an affordable housing crisis across the nation, I look forward to working with my colleagues to get these important, bipartisan updates signed into law.” Lack of affordable housing remains an impediment for many rural towns and communities as they struggle to attract new businesses, residents and
Members of the Minnesota Delegation Raise Serious Concerns over Use of Unsafe School Buses to Transport Minnesota Students
WASHINGTON – U.S. Senators Amy Klobuchar and Tina Smith and Representatives Angie Craig (MN-2), Dean Phillips (MN-3), Betty McCollum (MN-4), Ilhan Omar (MN-5), and Collin Peterson (MN-7) expressed serious concern following recent reports that one out of every eight school buses operated by First Student, Minnesota’s largest school bus provider, failed to meet Minnesota safety standards this year due to serious defects such as unsafe brakes, flat tires, steering issues, and faulty emergency door buzzers. In a letter to National Highway Traffic Safety Administration (NHTSA) Acting Administrator James Owens, members of the Minnesota delegation requested additional information on what the agency can do to improve
Klobuchar, Smith, Stauber Announce $2.1 Million for Infrastructure Improvements at Little Falls/Morrison County Airport
WASHINGTON – U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN), along with Representative Pete Stauber (R-MN-08), announced that the U.S. Department of Transportation (DOT) has awarded the Little Falls/Morrison County Airport a grant of $2.1 million for infrastructure improvements. “Critical investments in our infrastructure serve as a down payment on the long-term economic well-being of our state and country,” Klobuchar said. “By investing in the Little Falls/Morrison County Airport, we are making an important investment in the economy of the region and enhancing public safety.” “Little Falls/Morrison County Airport is an economic driver for many local communities, and we need to make sure it’s
Klobuchar, Smith, Stauber Announce $500K USDA Grant to Expand Education Opportunities in Northeastern Minnesota
WASHINGTON, D.C. [11/21/19]—U.S. Senators Amy Klobuchar and Tina Smith (D-Minn.), and Representative Pete Stauber (R-MN-08) announced that the U.S. Department of Agriculture (USDA) has awarded Education Innovation Partners Cooperative Center a $500,000 grant to connect students living in rural settings with telecommunication and internet capabilities that could help them learn. Long distance learning services help students overcome challenges they might face due to their remote location and low population density. This project will provide services to 28 sites across six counties. It’s estimated to benefit 21,000 students and 1,500 teachers per year. “Investments in education and health care are
U.S. Senators Smith & Barrasso Introduce Bipartisan Bill to Recruit and Retain Rural Health Care Providers
WASHINGTON D.C. [11/21/2019]—Today, on National Rural Health Day, U.S. Senators Tina Smith (D-Minn.) and John Barrasso (R-Wyo.)—both co-chairs of the Senate Rural Health Caucus—announced their bipartisan bill to address the disparity in access to health care in rural America by supporting key rural health workforce programs. Right now, rural America is struggling to recruit and retain the health care providers they need to support their communities. Geographic isolation and scarce housing options create challenges for rural health care providers to attract primary and specialty care physicians, nurses, technicians, ambulance drivers, and case managers. Even when providers move to rural communities,
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