Latest Releases
U.S. Senator Tina Smith’s Statement on Idling of HibTac and Minorca Mines
Minnesota – U.S. Senator Tina Smith (D-MN) released the following statement regarding the idling of the HibTac and Minorca mines resulting in the layoffs of hundreds of employees: “The indefinite layoffs of approximately 530 Minnesota United Steelworkers who power the HibTac and Minorca mines, announced by Cleveland Cliffs today, is a punch in the gut to Minnesota and the Iron Range. These men and women produce over 75% of the iron ore used to make steel in this country, and they and their families are the lifeblood of the Range economy. For every steel mining job, 1.8 jobs are created in other sectors so these layoffs will affect everyone. “These mines produce the iron pellets used in American auto manufacturing, an industry that has been roiled by Donald Trump’s erratic and damaging trade wars and declining consumer confidence. I strongly support tariffs that are targeted to create a level playing field for American steel, but the across-the-board Trump tariffs are creating massive uncertainty, hurting US manufacturing, and hurting the U.S. economy. Today we can see how this will hurt Northern Minnesota and the Iron Rangers. “I spoke with United Steelworker leadership today and pledged to do everything in my power to support the Steelworkers, who will lose their wages and see dramatically higher health care costs as a result of these layoffs.”
Senator Tina Smith, Representatives Andrea Salinas, Becca Balint Demand RFK Jr. Rescind Harmful Comments on Mental Illness, Anti-Depression Medications
WASHINGTON, DC – Today, U.S. Senator Tina Smith (D-MN) along with U.S. Representatives Andrea Salinas (D-OR-06) and Becca Balint (D-VT-AL) led their colleagues in a bicameral letter demanding RFK Jr. rescind his past statements further stigmatizing mental health treatment, including comments that SSRI use can be linked to school shootings and that SSRIs are more addictive than heroin. Both claims have zero scientific evidence behind them and perpetuate harmful stereotypes. SSRIs (selective serotonin reuptake inhibitors) such as Prozac, Zoloft and Lexapro, are one of the leading treatments for depression and anxiety and are used by nearly 32 million Americans each year. “We write to express our deep concerns regarding the Make America Healthy Again Commission’s troubling characterization of mental and behavioral health medication and your recent comments promoting disproven and outright false theories about these important treatments. These statements further stigmatize the mental and behavioral health challenges that one in five Americans live with, and can have a chilling effect on Americans seeking scientifically sound, medically necessary, and appropriate care,” wrote the lawmakers. “A mental health illness is exactly as the name says, an illness. Similar to a physical health condition or illness, sometimes medication is necessary for treatment. For individuals with mental illness, it is no different. In addition to therapy, medications may be necessary and appropriate. For individuals living with moderate or severe depression, anxiety, schizophrenia, or other conditions, medication can alleviate symptoms so they can function normally and have improved quality of life. We urge you to retract your harmful and false comments on mental illness and
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’
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
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