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
Klobuchar, Smith Urge Centers for Disease Control and Prevention (CDC), Food and Drug Administration (FDA) to Expedite Investigation into Recent E-Cigarette Product-Related Deaths and Illnesses
WASHINGTON – U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN) urged the Centers for Disease Control and Prevention (CDC) and the Food and Drug Administration (FDA) to expedite their investigation into the rise of acute lung illnesses and deaths linked to the use of e-cigarette products such as vaporizers. On September 6, Minnesota health officials confirmed that one senior citizen in Minnesota died in August of a lung injury associated with vaping. As of today, the nationwide total of recent vaping-related deaths stands at six. Federal health officials have indicated that e-cigarette products may be responsible for roughly 450 cases of severe
Klobuchar, Smith Announce Funding for Rural Minnesota Communities Affected by Natural Disasters
WASHINGTON – U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN) announced funding for rural Minnesota communities affected by natural disasters. The U.S. Department of Agriculture (USDA) is making $150 million in grants available through the Community Facilities Program to help rural communities continue their recovery from the devastating effects of natural disasters. Examples of essential community facilities include hospitals, nursing homes, courthouses, street improvements, child care centers, police stations, fire departments, libraries, and food banks, among others. “Severe weather has affected towns and businesses across our state,” Klobuchar said. “These grants will help provide the resources necessary to recover. We can’t prevent natural disasters, but we
U.S. Senator Tina Smith Pens Op-Ed: “U.S. Should Lead the ‘Clean Energy Revolution’ and Learn from State Innovations”
WASHINGTON, D.C. [09/10/19]—This week, U.S. Senator Tina Smith (D-Minn.) penned an op-ed for the Washington Times on the urgent need for the U.S. to lead the world in climate and energy solutions. In her piece, Sen. Smith cites the economic, health, and climate benefits of renewable energy and energy efficiency, and highlights how states are already encouraging innovation in this space. “The costs of renewable energy, batteries, carbon capture and storage, and other low-carbon technologies are dropping rapidly,” wrote Sen. Smith. “Countries that choose to lead this clean revolution will gain at the expense of those who lag behind. Our country can lead or we can follow. I,
U.S. Sens. Klobuchar, Smith, & Rep. Peterson Announce $350,000 for Infrastructure Improvements in De Graff
WASHINGTON, D.C. [09/10/19]—U.S. Senators Amy Klobuchar and Tina Smith (D-Minn.), along with Representative Collin Peterson (D-MN 7) lauded the U.S. Department of Agriculture (USDA) $350,000 rural development grant to help the city of De Graff finish building its first sewer system, originally funded in 2017. Prior to the start of this project, De Graff did not have a sewer system and there were concerns that untreated sewage from septic systems was entering bodies of water throughout the city. “Investing in our water and waste infrastructure is a down payment on the long-term well-being of our communities,” said Sen. Klobuchar. “This investment will benefit the people and
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