Latest Releases
U.S. Senator Tina Smith’s Bipartisan Bill to Extend Terrorism Risk Insurance, Support Housing Construction Passes the Senate Unanimously
Roughly 60 percent of American businesses have terrorism risk insurance, which is critical to major construction projects WASHINGTON, DC – U.S. Senator Tina Smith’s bipartisan legislation to safeguard the availability of terrorism risk insurance coverage passed the full Senate by a unanimous vote. Roughly 60 percent of American businesses have terrorism risk insurance, which could become unavailable without further action by Congress. Sen. Smith (D-MN) led the bipartisan Terrorism Risk Insurance Program Reauthorization Act of 2026 alongside Senators Dave McCormick (R-PA), Ruben Gallego (D-AZ) and Thom Tillis (R-NC). Following the attacks on September 11, 2001, many insurance companies started excluding terrorism risks from commercial insurance policies, leaving businesses and industries without access to coverage. Since insurance is a precondition for commercial lending and real estate transactions, this gap in coverage threatened broad economic damage across real estate, construction, energy, transportation and related industries. Congress responded by passing the Terrorism Risk Insurance Act of 2002 (TRIA), creating a federal reinsurance backstop to stabilize the private market and ensure that commercial policyholders could continue to obtain terrorism risk coverage. The private insurance market has relied on the TRIA backstop ever since. When TRIA briefly lapsed in December 2014, terrorism exclusions that insurers had pre-filed with state regulators took effect automatically, making terrorism coverage effectively unavailable across commercial policies nationwide. As a result, terrorism risk coverage was removed from policyholders immediately and without notice. Given that the current threat landscape remains elevated, allowing a similar lapse in terrorism coverage would expose policy holders to
U.S. Senator Tina Smith Reintroduces Bill to Help College Students Facing Emergencies Afford to Stay in School
Legislation would provide emergency funds as students face record high college costs WASHINGTON, D.C. – U.S. Senator Tina Smith (D-MN) has reintroduced legislation to help college students afford to stay in school when faced with unexpected financial emergencies. The Emergency Grant Aid for College Students Act comes as students face record high college costs, while the Trump Administration works to dismantle the Department of Education and limit federal borrowing amounts for undergraduate and professional students. “Paying for college is a precarious balancing act for many students, and that’s when everything is going ‘right,’” said Sen. Smith. “This bill would help provide financial stability for students facing a death in the family, steep medical bills, or any number of unexpected emergencies that too often force them to drop out of school and give up on their dreams, ultimately hurting our economy.” For students already balancing tuition, housing, groceries and transportation alongside work and classes, a car repair, medical bill or death in the family can put their education at risk. The Emergency Grant Aid for College Students Act would help colleges and universities provide emergency grants to help students manage these unexpected expenses and continue their education without taking on additional debt. Unlike student loans, the grants would not need to be repaid. The bill was introduced in the House of Representatives by Congressman Joe Morelle (D-NY 25). “Every student deserves the opportunity to pursue higher education and achieve their personal and professional goals,” said Congressman Morelle. “Unfortunately, unexpected financial emergencies
U.S. Senators Tina Smith, Marsha Blackburn Introduce Bipartisan Bill to Prevent Veteran and Military Suicide by Victims of Military Sexual Trauma
Two million American servicemembers reported experiencing Military Sexual Trauma, increasing the risk of suicide WASHINGTON, D.C. – [6/29/2026] U.S. Senators Tina Smith (D-MN) and Marsha Blackburn (R-TN) introduced the Improving Personal Risk Assessments to Prevent Suicide Act, a bill to help better understand the relationship between servicemembers and veterans’ experiences of military sexual trauma (MST) and suicide risk. The bill would require the Department of Defense (DoD) and the Department of Veterans Affairs (VA) to publish a study on the links between MST, intimate partner violence and the risk of suicide. The bill would also require the Departments to incorporate those findings into clinical assessments for identifying and treating patients at risk of suicide – the first time military sexual trauma has been included in those official clinical tools. This will improve clinical risk
U.S. Senator Tina Smith Reintroduces Bill to Help New, Beginning Farmers Grow a Successful Business
WASHINGTON, D.C. – [6/25/2026] U.S. Senator Tina Smith (D-MN) reintroduced the Farming Opportunities Training and Outreach Program Reauthorization Act, a bill that helps new farmers and producers successfully grow their budding operations. Beginning farmers are forced to literally bet the farm, and then some, to pay for record-high land, fertilizer, equipment and other input costs necessary for farming. This grant program offers those farmers access to the knowledge, skills and tools needed to make informed decisions for their operations today and in the future. “Farmers strengthen Minnesota’s economy and keep food on the table, simple as that,” said Sen. Tina Smith. “That’s why we need to support the next generation of independent farmers before the industry is eaten up
U.S. Senators Tina Smith, Shelley Moore Capito’s Bipartisan Women’s Lung Cancer Prevention Legislation Unanimously Passes Senate
WASHINGTON – United States Senators Tina Smith (D-MN) and Shelley Moore Capito (R-WV) announced their bipartisan legislation, the Women and Lung Cancer Research and Preventive Services Act, unanimously passed the Senate. The bill directs the Department of Health and Human Services to coordinate with the Department of Defense and Department of Veterans’ Affairs to conduct a comprehensive review across departments of ongoing research that could help us better understand and respond to the increasing number of women being diagnosed with lung cancer. Lung cancer is the leading cause of cancer-related death for women in America. The disease claims more women’s
U.S. Senator Tina Smith Releases New Report on Solutions to the Home Insurance Crisis
WASHINGTON – Today, U.S. Senator Tina Smith (D-MN), the lead Democrat on the Senate Housing Subcommittee, released a new report, Bold Solutions to the Home Insurance Crisis. It examines the nationwide crisis of rising home insurance costs, the role of climate-change-driven extreme weather events, and policy solutions that would tackle this affordability crisis. Across the country, Americans are increasingly facing unaffordable home insurance bills or aren’t able to access coverage at all. Insurers have significantly increased their rates, pushing up home insurance premiums an average of 45% since 2019. Sixteen years ago, home insurance was much more affordable and cost only 5% of the typical monthly mortgage payment. But these costs have now more than doubled to more than 10% of a typical mortgage payment, even as mortgage costs have also surged. Former Federal Reserve Chair Jerome Powell emphasized the risk we face in response to Sen. Smith’s questioning during a Senate
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