Latest Releases
U.S. Senator Tina Smith, Colleagues to Introduce Bipartisan Legislation Expanding Pell Grant Use to Job Training Programs
WASHINGTON, DC – U.S. Senator Tina Smith (D-MN) joined her colleagues Susan Collins (R-ME), Tim Kaine (D-VA), and Roger Marshall (R-KS) to introduce the bipartisan Jumpstarting Our Businesses by Supporting Students (JOBS) Act, legislation allowing Americans to use federal Pell Grants—need-based education grants for lower-income individuals—to pay for shorter-term job training programs. Currently, Pell Grants can only be used for two- and four-year colleges and universities. The JOBS Act expands their applicability, allowing Pell Grants to be used for shorter-term, high-skill job training. “Some of the most in-demand, high-paying jobs don’t require a four-year college degree – jobs like welders, machine operators and medical technicians. We need to make it easier to get people into these careers, and letting students use Pell Grants to help make it happen just makes sense,” said Senator Smith. “This bill will open up more career opportunities for people and will help boost our economy.” Senator Smith regularly hears from students who are interested in technical education, but who face real financial barriers to paying for high-quality job training programs. And she also regularly hears from employers who have trouble finding qualified workers for available positions. Minnesota has five Metropolitan Statistical Areas with 3.2 percent unemployment rates or lower. Over the past four years, almost 15 million jobs were added to the American economy thanks to landmark legislation like the Bipartisan Infrastructure Law. Despite this, the United States is experiencing a skilled labor shortage, which is only expected to grow in the next few years. The JOBS Act will help to close that
U.S. Senator Tina Smith Named Top Democrat on the Senate Housing Subcommittee
WASHINGTON, DC – U.S. Senator Tina Smith (D-MN) today was named Ranking Member on the Senate Housing, Transportation, and Community Development Subcommittee on the Senate Committee on Banking, Housing, and Urban Affairs for the 119th Congress. The Chair of the Subcommittee is Senator Katie Britt (R-AL). Smith has long championed bipartisan solutions to lower the costs for families to rent or buy a safe, decent, affordable place to live. Today, in more than 90 percent of counties, minimum wage workers cannot afford to rent even a modest one-bedroom apartment. More than half of America’s 44 million renters are spending more than 30 percent of their income on rent, more than ever before. According to the Minnesota Housing Partnership, every county in Minnesota has a shortage of affordable and available rental homes for extremely low-income households. “Without a safe, decent and affordable place to live, nothing in your life works. It becomes nearly impossible to hold a job, go to school, or stay healthy,” said Senator Smith. “Our country is facing a housing crisis, with supply falling dramatically behind demand. I’ve spent my years in the Senate working with anyone who wants to work with me, regardless of party, to find ways to address the housing crisis. For several years, the Housing, Transportation and Community Development Subcommittee has been working in a bipartisan way on important measures to preserve affordable rural housing in small towns and Tribal communities, to cut red tape that hinders construction of more housing, and to make it easier to get around. I’m excited to keep working on solutions alongside new Chair Katie Britt.” “Our nation is facing
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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