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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

Sens. Tina Smith, Lisa Murkowski Introduce Bipartisan Bill to Expand Mental Health Services in Schools

WASHINGTON, D.C. [03/12/18]—Today, U.S. Senator Tina Smith and Lisa Murkowski (R-Alaska) introduced a bipartisan bill to expand mental health services in the school system.  The Improving Access to Mental Health Services Act would bring mental health professionals who currently work in the National Health Service Corps (NHSC) into schools, community-based organizations, and into the homes of families who need the services. Right now, NHSC professionals can only provide care at certain approved clinics and are limited in the care they can provide off site. This bipartisan legislative effort would allow communities in Minnesota, Alaska, and across the country to bolster their mental

Sen. Tina Smith Stands up for Minnesota Jobs & American Energy Independence, Presses White House to Preserve Strong Renewable Fuel Standard

U.S. Senator Tina Smith is calling on the White House to support Minnesota’s rural communities and American energy independence by maintaining a strong Renewable Fuel Standard (RFS), the federal program that sets the level of biofuels—like ethanol and biodiesel—that are blended into our nation’s fuel supply. After a series of postponed meetings between the White House and U.S. biofuel producers—sparking fears that there may be an attempt to weaken the RFS—Sen. Smith is urging the Administration’s top energy officials to come together with renewable energy leaders and discuss how to preserve and protect the program. “I fought for a spot

Sen. Tina Smith Introduces Bill to Help Tribal Communities Address Opioid Epidemic

Ahead of a Senate Indian Affairs Committee hearing today on the opioid crisis in Indian Country, U.S. Sen. Tina Smith introduced a bill to help tribal communities in Minnesota and across the country access the resources they need to support people who are struggling with mental illness or substance use disorders. Tribal communities have been hit hard by the opioid epidemic. According to a leading health agency, American Indians and Alaska Natives experience the highest drug overdose death rates. However, many tribal communities don’t have the resources they need to tackle this public health crisis. Sen. Smith’s Native Behavioral Health Access

Sen. Tina Smith Presses Veterans Department to Explain Life-Endangering Failures in New Digital Health System

U.S. Sen. Tina Smith called on the Department of Veterans Affairs (VA) to explain several serious issues with a digital health system designed for clinics and hospitals that treat millions of veterans and service members. The system, which is being tested right now at a handful of military hospitals and is set to be scaled up nationwide in the years to come, has been mired so far by glitches and dangerous errors that put patients at risk. According to a report from Politico, the initial rollout of the MHS Genesis EHR system has resulted in substantial slowdowns, serious medical errors, and a

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