Latest Releases
Senator Smith, Grassley Introduce Bipartisan Legislation to Research the Impact of Consolidation on Livestock Farmers and Ranchers
WASHINGTON – Today, U.S. Senators Tina Smith (D-MN) and Chuck Grassley (R-IA), introduced bipartisan legislation to support research into the impact of livestock market consolidation on farmers, ranchers, and consumers in an effort to better understand the problem and craft effective solutions. “Just a handful of large companies have come to dominate the meat and poultry processing industry, which means higher prices for consumers and shrinking earnings for farmers,” said Sen. Smith. “This bipartisan bill would uncover the impact of this consolidation on farmers and consumers and help us create the best possible solutions to fix the problem. I look forward to working with Senator Grassley and my colleagues on both sides of the aisle to pass this legislation as part of the Farm Bill.” “This type of measure is long overdue. Iowa producers are well aware of the downsides of consolidation in the meat industry,” said Sen. Grassley. “Their returns on hard work are getting squeezed more every year all consumers pay more at the grocery stores. I’m glad to work in a bipartisan way with Senator Smith as we continue trying to address this problem.” “Farmers Union launched the Fairness for Farmers campaign to call attention to the increasingly consolidated agricultural marketplace where the four largest beef packers control 85 percent of beef packing and the farmer’s share of the food dollar has dropped from 50 percent in 1952 to less than 16 percent today,” said Minnesota Farmers Union (MFU) President Gary Wertish. “Sen. Smith’s bill will help
Senators Smith, Rounds Reintroduce Bipartisan Bill to Spur Economic Development in Underserved Communities
WASHINGTON – U.S. Senators Tina Smith (D-MN) and Mike Rounds (R-SD) reintroduced bipartisan legislation to jumpstart economic development in economically distressed areas and address disparities in access to capital for underserved communities. The bill would strengthen and expand Community Development Financial Institutions (CDFI), which play a critical role in bringing capital and financial services to a wide range of underserved communities – from urban areas to small towns and rural communities to Tribal lands. “Unequal access to capital and financial services is a key driver of economic disparity in rural areas, communities of color, and Indigenous communities,” said Sen. Smith. “This legislation will jumpstart economic development in these communities by expanding and enhancing a program with a track record of effective capital investment and community development.” Their legislation—the CDFI Bond Guarantee Program Improvement Act, named for Community Development Financial Institutions–will extend authorization of the CDFI Bond Guarantee Program, while making it more reliable and accessible to smaller CDFIs. This legislation will expand and improve a successful program that operates without a taxpayer subsidy and allows CDFIs to access long-term, stable funding. The CDFI Bond Guarantee Program was enacted in 2010 to provide long-term, low-cost capital to CDFIs, which use the funding for economic development activities in underserved communities. The program’s authorization lapsed in 2014, but it has been extended on a year-by-year basis in annual appropriations bills. Under current program rules, borrowers must have a loan size of at least $100 million – which means that the program can only
U.S. Senator Tina Smith Announces Bold Legislation to Bring Down Price of Insulin, Hold Manufacturers Accountable
MINNEAPOLIS, M.N. [06/21/19]—Today, U.S. Senator Tina Smith (D-Minn.)—joined by Minnesotan Nicole Smith-Holt who tragically lost her son, Alec, when the high price of insulin forced him to ration his supply—announced plans to introduce legislation to hold insulin manufacturers accountable for excessive increases in the price of life-sustaining insulin. Sen. Smith, a member of the Senate Health Committee, made her announcement at a Minneapolis community health center, where she met with Minnesotans struggling to afford skyrocketing insulin prices, including advocates Lija Greenseid and Quinn Nystrom. Sen. Smith said her new bill will be introduced next week in remembrance of the anniversary
U.S. Sens. Smith, Brown, Cortez Masto, Casey Introduce Bill to Expand Affordable Health Coverage for Families
WASHINGTON, D.C. [06/20/19]—Today, U.S. Senators Tina Smith (D-Minn.), Sherrod Brown (D-Ohio), Catherine Cortez Masto (D-N.V.), Bob Casey (D-Pa.) introduced the Family Coverage Act, which would ensure all spouses and children are able to get covered by fixing a glitch in the health care system that currently prevents families from getting tax credits needed to purchase affordable insurance on the exchanges. Right now, if a mother or father has health insurance through their employer, but their employer does not offer affordable coverage for the spouse and/or kids, these family members can be kept from getting these credits. The Family Coverage Act
U.S. Sen. Tina Smith Lauds Change to Early Harvesting Rules for Cover Crops
WASHINGTON, D.C. [06/20/19]—Today, U.S. Sen. Tina Smith (D-Minn.) lauded the USDA’s decision to move haying and grazing dates on prevented plant acres from November 1 to September 1. The change comes after Sen. Smith’s bipartisan letter with Sen. John Thune (R-S.D.), which requested that USDA modify early harvesting dates. “Last week, I spoke with Minnesotan farm leaders and this issue dominated the conversation,” said Sen. Smith. “The farming economy is in a significant crisis, and I knew action needed to be taken to stop yet another roadblock for our farmers and ranchers.” “I’m extremely pleased to see the
U.S. Senator Tina Smith, U.S. Representative Ilhan Omar Introduce No Shame at School Act
WASHINGTON—Today, U.S. Sen. Tina Smith (D-MN) and U.S. Rep. Ilhan Omar (D-MN) introduced the No Shame at School Act, to prohibit public schools from shaming students who are unable to pay for school meals or who have outstanding debt. Additionally, the measure requires schools to certify a child’s unpaid meal fees and authorizes the federal government to reimburse the meals for up to 90 days. “Everyone knows you can’t learn or perform well when you are hungry. We need to support students in Minnesota and across the country by ensuring that kids are not humiliated because of an inability to
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