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U.S. Senator Tina Smith, Colleagues Call for Review of Realty Company’s Deceptive Listing Agreements

WASHINGTON, D.C. — U.S. Senator Sen. Tina Smith (D-MN), Chair of the Senate Subcommittee on Housing, Transportation, and Urban Development, along with Sen. Sherrod Brown (D-OH), and Sen. Ron Wyden (D-OR), sent a letter to the Federal Trade Commission (FTC) and the Consumer Financial Protection Bureau (CFPB) requesting a review of real estate brokerage firms’ use of exclusive listing agreements. The letter follows several reports of companies like MV Realty misleading families into entering 40-year exclusive listing agreements, which can make it difficult for homeowners to refinance and often result in them losing out on up to three percent of their home’s value when they resell. “MV Realty, and companies like it, take tens of thousands of dollars from homeowners in exchange for a minimal up-front payment. By advertising these agreements as a ‘loan alternative,’ companies are attempting to avoid the legal limitations on lending while in essence charging borrowers onerous rates,” wrote the Senators. “We urge the CFPB and FTC to work with state attorneys general to review whether these listing agreements and business practices violate federal consumer protection laws, including prohibitions against unfair, deceptive, or abusive acts and practices, and to take appropriate action where violations are found.” A copy of the letter is available here and below: The Honorable Lina Khan                                          The Honorable Rohit Chopra Chair                                                                           Director Federal Trade Commission                                         Consumer Financial Protection Bureau We are writing regarding recent reports that some real estate brokerage firms are misleading families into entering exclusive listing agreements, which exploit and deprive them of profits that they would earn from

U.S. Senator Tina Smith’s Bipartisan Bill to Improve Rural Health Care Passes Senate

WASHINGTON [12/21/22] – U.S. Senator Tina Smith (D-Minn.) and John Barrasso (R-Wyo.), Co-Chairs of the Senate Rural Health Causes, announced that their bipartisan bill to improve rural health care passed the Senate by unanimous consent. The State Offices of Rural Health (SORH) Reauthorization Act of 2022 will reauthorize a key program that supports health facilities in rural areas across the country. The legislation now goes to the U.S. House of Representatives for consideration. “When I meet with families, farmers, businesses and community leaders in greater Minnesota, one of the first issues that comes up is health care,” said Smith. “This bipartisan legislation will help make sure State Offices of Rural Health have the resources they need to expand and improve health care services in rural communities. I’m proud of our work to pass this bill and help address the unique health care needs of rural America.” “With Senate passage, we’re one step closer to ensuring Wyoming’s Office of Rural Health has the critical resources needed to give our patients the quality of care they deserve,” said Barrasso. “As I doctor, I’ve seen firsthand how this program benefits our state’s rural health clinics and hospitals. I urge the House to take up our bill and pass it as soon as possible.” This bill supports State Offices of Rural Health by extending a successful law on information-sharing, technical assistance, and care delivery in rural settings. Under the bill, the program will be reauthorized for five years, which will preserve the program’s flexibility

Sen. Tina Smith Introduces Bill to Allow Tribal Governments to Determine How Programs to Combat Hunger Best Serve Indian Country

WASHINGTON D.C. [06/12/18]—Ahead of this week’s first Senate consideration of the Farm Bill, Senator Tina Smith—a member of the Senate Agriculture Committee—introduced legislation to allow tribes in Minnesota and across the country to have more control over how federal hunger programs are administered in their communities. Sen. Smith said her measure would give tribal governments a more active role in the administration of the USDA’s vital Supplemental Nutrition Assistance Program (commonly known as SNAP). Her bill would help make sure SNAP is administered in a culturally-appropriate way that promotes the health and economic well-being of tribal communities. Federal programs to combat

Sen. Tina Smith Helps Push Bipartisan Farm Bill Through Senate Agriculture Committee

WASHINGTON, D.C. [06/13/18]—U.S Senator Tina Smith (D-Minn.) said the bipartisan Farm Bill she helped push through the Senate Agriculture Committee today is important not only for Minnesota farmers, ranchers and communities across the state – who will greatly benefit from the measure – but also for the state’s economy as a whole. The Committee’s action gets the Farm Bill over a major hurdle on its way to being signed into law. The legislation includes several measures authored and championed by Sen. Smith—including her legislative roadmap for the energy title of the Farm Bill,and her provision to expand access to much-needed broadband

Senator Tina Smith Calls for Answers and Action from Secretary DeVos After Teachers Forced to Foot Bill for Thousands in Promised Aid

WASHINGTON, D.C. [06/14/18]–Today, Senator Tina Smith pressed Education Secretary Betsy DeVos for action for teachers who are unfairly being forced to repay thousands of dollars for funds originally promised as grants. The TEACH Grant program promises up-front financial assistance for college students who commit to pursue teaching careers in high-need schools. If students do not fulfill the service requirements of the program, they are liable to pay back the grant money in full with interest—but reports indicate many teachers’ grants are being converted to loans erroneously, due to small errors in paperwork or even for seemingly no reason at all.

Sen. Smith Pushes to End Federal Contracts for Companies that Flout Employee Protection Laws

WASHINGTON, D.C. [06/15/18]–U.S. Senator Tina Smith (D-Minn.) is pushing to prevent companies that mistreat their employees and repeatedly flout workplace protection laws from receiving taxpayer-funded federal contracts. In legislation introduced this week, Sen. Smith would also expand other workplace protections for those employed by large federal contractors. Her legislation is largely similar to a President Obama Executive Order that was repealed last year. “It’s pretty simple, taxpayer-funded government contracts should go to companies that follow the law and treat their workers fairly. Unfortunately, today, too many federal contracts are being awarded to companies with egregious and repeated violations of worker protection

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