Latest Releases
U.S. Senators Tina Smith, Amy Klobuchar Announce Clean Energy Awards for Electric Co-Ops Across Minnesota
WASHINGTON – Today, U.S. Senators Tina Smith and Amy Klobuchar (both D-MN) announced funding to make energy upgrades for more than 150,000 people and homes in Greater Minnesota. Nine electric co-ops across the state are receiving federal funding to make energy upgrades that will reduce costs for consumers and increase energy efficiency. Minnesota’s electric cooperatives provide electricity to nearly one-third of the state. “The clean energy transition is here, and we can either lead or follow. I want Minnesota to lead, and with this announcement, we will,” said Senator Smith. “With this investment, cooperatives can unleash clean energy in a way that works best for their communities. This will fight climate change. This will lower energy costs. And this will strengthen our energy security and resilience by ensuring our rural communities continue to have safe, reliable and clean, American-made energy for years to come.” “Far too many households struggle to afford their heating costs. Families should not have to choose between paying for heat and other necessities,” said Senator Klobuchar. “With this investment, electric cooperatives can reduce energy costs for families across our state while strengthening access to clean, reliable power.” Senator Smith was instrumental in securing this funding for rural electric co-ops through her work on the clean energy provisions in the Inflation Reduction Act. The program funding these projects, dubbed the Empowering Rural America (or New ERA) program, was partially inspired by Senator Smith’s Flexible Financing for Rural America Act. This set of awards follow the announcement of three previous awards to Minnesota co-ops last fall. Nine electric co-ops in Minnesota received funding: ###
U.S. Senator Tina Smith Announces Federal Investment to Lower Housing Costs Through Zoning Reform in Twin Cities Metro Area
MINNEAPOLIS, MN – Today, U.S. Senator Tina Smith (D-MN), Ranking Member of the Senate Housing Subcommittee, announced an additional $5 million for the Twin Cities Metro area to assist with updating local zoning laws to build more affordable housing. The award will add to the $4 million previously announced in June 2024. The funding will provide technical support to cities and towns already in the process of updating their housing plans, community development strategies and best practices around zoning policy to incentivize more housing development. The funding will allow the Met Council to fully fund staff for the project through 2030. “We have to tackle our housing crisis at every level of government. Boosting the supply of housing is necessary to drive down costs, and that takes federal, state, local and private-sector coordination,” said Senator Smith. “Localities across the Metro have been working hard to reduce barriers to affordable housing and improve community development. This federal funding will support these efforts and further invest in the production and preservation of affordable housing in the region.” “Neighbors for More Neighbors celebrates this newly-awarded grant to the Metropolitan Council. Minneapolis has seen the positive impact of legalizing more housing types in neighborhoods across the city. We are confident that similar reforms, encouraged by this grant and undertaken across the Twin Cities metro area, will help everyone find secure, affordable homes in the neighborhoods they choose,” said Anna Nelson, Board Chair at Neighbors for More Neighbors. Local zoning laws dictate where housing can be built and what
Klobuchar, Smith, Grassley Statements on Passage of Bipartisan Legislation to Rename Federal Building in Minneapolis After Senator Paul Wellstone
WASHINGTON – U.S. Senators Amy Klobuchar (D-MN), Tina Smith (D-MN) and Chuck Grassley (R-IA) released the statements below on the House passage of their bipartisan legislation to rename the Federal Building in Minneapolis the “Paul D. Wellstone Federal Building,” in honor of the legacy of the late Senator Paul Wellstone (D-MN). The bill passed the Senate unanimously earlier this month and now heads to the President’s desk to be signed into law. “From his passionate advocacy for better mental health care to his leadership on civil rights, Paul Wellstone showed that public service is really about improving people’s lives,” said
U.S. Senator Tina Smith on the Arrest of Sam Bankman-Fried
WASHINGTON, D.C. [12/13/22] — Today, U.S. Senator Tina Smith (D-Minn.) released the following statement in response to the arrest and indictment of Sam Bankman-Fried: “In this country, people are free to invest or bet their money however they want to. But they deserve to know that the market is fair and the rules protect them from bad actors, so they aren’t getting ripped off. “Looking at the charges brought against Sam Bankman-Fried, it’s hard not to conclude that he and his crypto organizations ran roughshod over the market rules protecting consumers. That’s flatly wrong and he needs to answer for what
Senators Klobuchar, Smith, and Representative Craig Announce Deadline Extension for Enrollment in 2023 Dairy Margin Coverage Program
WASHINGTON, D.C. [12/12/22] — U.S. Senators Amy Klobuchar, Tina Smith, and U.S. Representative Angie Craig (all D-MN) announced that the deadline for eligible farmers to enroll in the Dairy Margin Coverage (DMC) and Supplemental Dairy Margin Coverage (SDMC) programs has been extended. Eligible producers will now have until January 31, 2023 to enroll in the program. These programs help dairy producers manage the volatility of milk and feed price disparities. “The Dairy Margin Coverage program helps provide Minnesota’s dairy farmers with important stability and risk management tools that benefit our rural communities,” said Klobuchar. “This extended sign-up period will allow
Senators Smith, Warren Ask Key Regulators About Banking System’s Exposure to Crypto Risks after FTX Crash
Washington, D.C. – U.S. Senators Tina Smith (D-Minn.) and Elizabeth Warren (D-Mass.), members of the Senate Banking, Housing, and Urban Affairs Committee, sent letters to three key banking regulators raising concerns about the ties between the banking industry and crypto firms following FTX’s bankruptcy. The senators are asking each regulator, the Federal Reserve (Fed), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC), how they assess the banking system’s exposure to crypto risks. “(I)t appears that crypto firms may have closer ties to the banking system than previously understood,” wrote the senators. “Banks’
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