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U.S. Senators Amy Klobuchar, Tina Smith Celebrate Award to Repair Flood Damage from Rapidan Dam Failure
ST. PAUL, MINNESOTA – U.S. Senators Amy Klobuchar and Tina Smith (both D-MN) announced a grant for Southeastern Minnesota to survey and repair damage done by severe storms in May 2024, which caused flooding and damage to road infrastructure in 42 counties. One notable example is the Rapidan Dam, a well-known and well-traveled-to location which was severely damaged and made the nearby bridge on County Road 9 unsafe for travelers. “The floods of May 2024 took a heavy toll on southeastern and south-central Minnesota and when natural disasters hit we need to work together to rebuild,” said Klobuchar. “This funding will allow us to repair and rebuild our roads and infrastructure, making them safer and more resilient–a critical step for our businesses and our communities to fully recover.” “Minnesotans deserve to drive on safe, reliable roads,” said Senator Smith. “As a result of the flooding last summer, that’s not the reality for some residents in the southeastern and south-central part of our state. I’m fighting to secure the funding needed from the federal government to help us recover and make travel safe and accessible.” The grant comes from the Federal Highway Administration’s Emergency Relief Program, which helps communities repair roads damaged by natural disasters. In December 2024, Senators Klobuchar and Smith supported emergency supplemental funding for this program to address the backlog of roads in need of repair, including this one in Minnesota. The grant totals $5,000,000. ###
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 and address disparities in access to capital. 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 small businesses, homeowners and housing developers. Their legislation—the CDFI Bond Guarantee Program Improvement Act 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 at no cost to taxpayer and allows CDFIs to access long-term, stable funding. The CDFI Bond Guarantee Program was established 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 be used for relatively large projects. “Unequal access to capital and financial services is a key driver of economic disparity around Minnesota,” 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.” “Since 2010, the Community Development Financial Institutions (CDFI) Bond Guarantee Program has extended long-term, low-cost capital to underserved communities across America,” said Sen. Crapo. “By reducing the minimum dollar amount for each loan,
U.S. Senator Tina Smith Introduces Legislation to Help Child Care Providers Serve Nutritious Meals
Washington, D.C. – Today, U.S. Senators Tina Smith (D-MN) and Bob Casey (D-PA) introduced legislation to help ease the financial stress on child care providers across the country. Providers such as family child care homes, child care centers, Head Start programs, and after-school programs provide meals to more than 4.2 million children each day with the support of the Child and Adult Care Food Program (CACFP). The Child Care Nutrition Enhancement Act would increase the reimbursement rates child care providers receive for these meals. Not only would this help ensure millions of children receive nutritious meals, it would also ease
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
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
U.S. Senator Tina Smith Presses Postmaster General to Ensure Timely Deliveries, Safe Working Conditions Ahead of Busy Holiday Season
WASHINGTON, D.C. — Today, U.S. Senator Tina Smith (D-MN) sent a letter to U.S. Postmaster General Louis DeJoy requesting information about how the Postal Service plans to ensure on-time deliveries and safe working conditions during the holiday season. Millions of Minnesotans depend of the Postal Service to pay bills, receive prescriptions, and conduct other essential business. When service is unreliable, Minnesotans can face serious consequences – from late payment fees and social security checks to days without critical prescription medications. Smith also pushed DeJoy to ensure Postal Service employees, who are often overworked during this busy time of year, are adequately supported. “The
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