Latest Releases
U.S. Senator Tina Smith’s Bipartisan Legislation to Extend Terrorism Risk Insurance, Support Housing Construction Passes Banking Committee
Roughly 60 percent of American businesses have terrorism risk insurance, which is critical to major construction projects WASHINGTON, D.C. – U.S. Senator Tina Smith’s bipartisan legislation to safeguard the availability of terrorism risk insurance coverage passed the Senate Banking Committee by a unanimous vote. Roughly 60 percent of American businesses have terrorism risk insurance, which could become unavailable without action by Congress. Sen. Smith (D-MN) leads the 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 began 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 unnecessary financial risk and uncertainty. “Without
U.S. Senators Smith, Baldwin & Murphy Reintroduce Bill to Support Young Farmers, Forgive Student Loan Debt
WASHINGTON, D.C. – U.S. Senators Tina Smith (D-MN), Tammy Baldwin (D-WI) and Chris Murphy (D-CT) reintroduced the Student Loan Forgiveness for Farmers and Ranchers Act, legislation to create a loan forgiveness program for beginning farmers and ranchers, as well as veteran, women and minority farmers. Beginning farmers are considered those who have less than 10 years of experience operating a farm. The ag industry will soon see major shifts in farm ownership with more than one-third of American farmers being 65 years old or older. Student loan debt is among the largest obstacles America’s young farmers face, placing an enormous financial strain on beginner farmers and discouraging others from pursuing careers in the agricultural industry. Unforgiven student debt has a disproportionate impact on the farming industry. The Student Loan Forgiveness for Farmers and Ranchers Act would grant these farmers the support they need to invest in their farms and ranches and incentivize a new generation of farmers to enter the agricultural industry. “To keep Minnesota’s agriculture economy thriving, we need to continue to invest in the next generation of farmers as the average age of farmers keeps going up. There is more we can be doing to help future farmers fill their shoes,” said Sen. Smith. “Student debt is one of the most significant challenges our young farmers and ranchers face. This legislation would help encourage a younger, more diverse workforce and help more people start and stay in farming.” “Wisconsin farmers work hard to feed our families, support our rural economies, and
U.S. Senators Tina Smith, Catherine Cortez Masto Introduce Legislation Protecting Children Harmed by ICE Actions Against Their Parents
WASHINGTON – Today, U.S. Senators Tina Smith (D-MN) and Catherine Cortez Masto (D-NV) introduced the Humane Enforcement and Legal Protections (HELP) for Separated Children Act. The legislation would protect children affected by immigration enforcement actions or proceedings against their parents. According to a 2019 analysis, there are 7.2 million children of noncitizen parents in the United States. “The images of 5-year-old Liam Conejo Ramos in his bunny hat after preschool are seared into the minds of Minnesotans. Using children as pawns to detain their parents is morally repugnant,” said Senator Smith. “This bill would put common-sense moral safeguards in place to protect children from ICE
U.S. Senator Tina Smith Seeks Answers on Hegseth’s Role in Dismantling Military’s Civilian Harm Prevention Guard Rails in Advance of Iran War
WASHINGTON – Today, U.S. Senator Tina Smith (D-MN) joined nine senators in seeking answers on Secretary of Defense Pete Hegseth’s role in weakening civilian harm prevention programs and the catastrophic civilian impacts of President Trump’s war in Iran. Since the start of President Trump’s illegal war in Iran, attacks on civilian infrastructure have led to more than 1,700 civilian deaths, along with strikes on more than 20 schools and a dozen health care facilities. “The high human toll of this war reflects the administration’s broader disregard for the strategic, legal, and moral imperative to minimize civilian harm.,” wrote the lawmakers. “We call on the
Smith, Klobuchar Urge HHS to Release LIHEAP Funding
WASHINGTON — U.S. Senators Tina Smith and Amy Klobuchar (both D-MN) are urging the Department of Health and Human Services to release the remaining FY26 Low Income Home Energy Assistance Program (LIHEAP) funding available to all states, including Minnesota. “We write to urge you to immediately release the remaining FY26 Low Income Home Energy Assistance Program (LIHEAP) funding available to all states, including Minnesota,” the Senators wrote. “LIHEAP is the main federal program that assists low-income households and seniors with their energy bills.” “In Minnesota it has helped over 100,000 households this winter, preventing over 17,000 disruptions,” the Senators continued.
U.S. Senator Tina Smith’s Statement on President Trump’s Threats to Commit War Crimes in Iran
MINNEAPOLIS, MN – U.S. Senator Tina Smith (D-MN) released the following statement after President Trump posted on Truth Social threatening “a whole civilization will die tonight” if Iran’s leadership doesn’t strike a deal to reopen the Strait of Hormuz: “America’s moral leadership and rule of law is what sets us apart from our adversaries in the world. President Trump’s threats this morning to destroy an entire civilization and commit the United States to another endless war in the Middle East are completely wrong. Threatening war crimes undermines our nation’s leadership in the world and opens U.S. servicemembers and civilians to reprisals
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