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
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’
Senator Smith’s Bipartisan Legislation to Provide Transparency for Those Looking to Purchase Popular Long-Term Savings Vehicles Passes Senate
WASHINGTON, D.C. – Today, U.S. Senator Tina Smith (D-MN) announced her bipartisan legislation with Senator Thom Tillis (R-NC) to help provide transparency for consumers looking to purchase popular, long-term savings vehicles has passed the Senate. The bill would help ensure that investors considering purchasing Registered Index Linked Annuities (RILAs) get clear and direct information that promotes investor understanding. “It’s more important than ever for consumers to have clear and concise information about their investments,” said Smith. “This legislation would help consumers looking to purchase RILAs by providing clear information about their potential investments in terms that they are able to
Klobuchar, Smith Statements on Confirmation of Jerry Blackwell to be U.S. District Court Judge
WASHINGTON – U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN) issued the following statements after the Senate confirmed Jerry Blackwell to serve as a United States District Court Judge for the District of Minnesota. Blackwell has more than three decades of legal experience and was highly recommended by the judicial selection committee Senators Klobuchar and Smith convened to assist them in providing a recommendation to President Biden. “Jerry Blackwell is one of the most widely respected and accomplished members of the Minnesota legal community. With nearly 35 years of trial practice– including the successful prosecution of the murder of
Senator Smith, Colleagues Introduce Bipartisan Bill Giving Tribal Colleges and Universities a Stronger Voice in Education Policy
WASHINGTON, D.C. – U.S. Senator Tina Smith (D-Minn.), along with U.S. Senators Deb Fischer (R-Neb.), Jon Tester (D-Mon.), Mike Rounds (R-S.D.), and Jerry Moran (R-Kan.), introduced bipartisan legislation – the National Advisory Council on Indian Education Improvement Act – aimed at giving Tribal Colleges and Universities (TCUs) greater input over federal funding and policymaking that impacts them. “Minnesota’s Tribal Colleges are important institutions that serve Native and non-Native students alike in some of the most impoverished and geographically isolated regions of the country,” said Smith. “These institutions deserve a seat at the table when federal agencies make decisions that impact
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