Latest Releases
Senator Smith, Grassley Introduce Bipartisan Legislation to Research the Impact of Consolidation on Livestock Farmers and Ranchers
WASHINGTON – Today, U.S. Senators Tina Smith (D-MN) and Chuck Grassley (R-IA), introduced bipartisan legislation to support research into the impact of livestock market consolidation on farmers, ranchers, and consumers in an effort to better understand the problem and craft effective solutions. “Just a handful of large companies have come to dominate the meat and poultry processing industry, which means higher prices for consumers and shrinking earnings for farmers,” said Sen. Smith. “This bipartisan bill would uncover the impact of this consolidation on farmers and consumers and help us create the best possible solutions to fix the problem. I look forward to working with Senator Grassley and my colleagues on both sides of the aisle to pass this legislation as part of the Farm Bill.” “This type of measure is long overdue. Iowa producers are well aware of the downsides of consolidation in the meat industry,” said Sen. Grassley. “Their returns on hard work are getting squeezed more every year all consumers pay more at the grocery stores. I’m glad to work in a bipartisan way with Senator Smith as we continue trying to address this problem.” “Farmers Union launched the Fairness for Farmers campaign to call attention to the increasingly consolidated agricultural marketplace where the four largest beef packers control 85 percent of beef packing and the farmer’s share of the food dollar has dropped from 50 percent in 1952 to less than 16 percent today,” said Minnesota Farmers Union (MFU) President Gary Wertish. “Sen. Smith’s bill will help
Senators Smith, Rounds Reintroduce Bipartisan Bill to Spur Economic Development in Underserved Communities
WASHINGTON – U.S. Senators Tina Smith (D-MN) and Mike Rounds (R-SD) reintroduced bipartisan legislation to jumpstart economic development in economically distressed areas and address disparities in access to capital for underserved communities. The bill would strengthen and expand Community Development Financial Institutions (CDFI), which play a critical role in bringing capital and financial services to a wide range of underserved communities – from urban areas to small towns and rural communities to Tribal lands. “Unequal access to capital and financial services is a key driver of economic disparity in rural areas, communities of color, and Indigenous communities,” said Sen. Smith. “This legislation will jumpstart economic development in these communities by expanding and enhancing a program with a track record of effective capital investment and community development.” Their legislation—the CDFI Bond Guarantee Program Improvement Act, named for Community Development Financial Institutions–will extend authorization of the CDFI Bond Guarantee Program, while making it more reliable and accessible to smaller CDFIs. This legislation will expand and improve a successful program that operates without a taxpayer subsidy and allows CDFIs to access long-term, stable funding. The CDFI Bond Guarantee Program was enacted in 2010 to provide long-term, low-cost capital to CDFIs, which use the funding for economic development activities in underserved communities. The program’s authorization lapsed in 2014, but it has been extended on a year-by-year basis in annual appropriations bills. Under current program rules, borrowers must have a loan size of at least $100 million – which means that the program can only
U.S. Senator Tina Smith’s Measures to Improve Mental and Physical Health for Seniors Pass Senate
WASHINGTON, D.C. [03/04/20]—Yesterday, U.S. Senator Tina Smith (D-Minn.) moved forward measures to address the negative mental and physical health effects—and the economic consequences—of social isolation among seniors, as well as efforts to strengthen grants for Tribal organizations to provide home and community-based services, as part of a Senate-passed bill to amend the Older Americans Act. The legislation passed by the Senate on Tuesday contains provisions from Sen. Smith’s Older Americans Social Isolation and Loneliness Prevention Act, and from Sen. Smith’s bipartisan Strengthening Services for Native Elders Act with Sen. Lisa Murkowski (R-Alaska). “Seniors need to be connected to communities in order to thrive. So I’m pushing to
Klobuchar, Smith Urge Administration to Increase Access to Counseling Services for Veterans, Servicemembers, their Families
WASHINGTON – U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN) called on the U.S. Department of Veteran Affairs (VA) to increase access to Readjustment Counseling Services to help Minnesota veterans, servicemembers, and their families transition to both military and civilian life. In the letter, Klobuchar and Smith also highlighted the importance of mental health services – particularly in rural Minnesota – to combat Minnesota’s rising veteran suicide rate. “It is critical that the Department address the shortage of behavioral health providers and expand access to these services for our veterans,” Klobuchar and Smith wrote. “For over forty years, Readjustment Counseling Services
U.S. Senators Smith, Klobuchar & Senate Colleagues Call on Census Bureau to Address Impact of Coronavirus on 2020 Census
WASHINGTON, D.C. [03/04/20]—Today, U.S. Senator Tina Smith (D-Minn.)—along with fellow Minnesota Senator Amy Klobuchar (D-Minn.)—pushed the Director of the U.S. Census Bureau to put a plan in place to ensure that the expanding Coronavirus outbreak doesn’t impact the accuracy of the 2020 Census, and to make certain the health of census takers is protected. In addition to Sen. Klobuchar, Sens. Sheldon Whitehouse (D-R.I.), Debbie Stabenow (D-Mich.), Jacky Rosen (D-Nev.), Dianne Feinstein (D-Calif.), Catherine Cortez Masto (D-Nev.), Jack Reed (D-R.I.), Elizabeth Warren (D-Mass.), Cory Booker (D-N.J.), Ron Wyden (D-Ore.), Mazie Hirono (D-Hawaii), Ed Markey (D-Mass.), Bob Casey (D-Pa.), Michael Bennet (D-Colo.),
U.S. Senators Klobuchar & Smith Announce Additional Aid to Help Minnesota Producers Recover from Extreme Weather
WASHINGTON, D.C. [03/02/20]—U.S. Senators Amy Klobuchar and Tina Smith (D-Minn.) announced additional U.S. Department of Agriculture (USDA) funding to help Minnesota producers recover from 2018 and 2019 losses related to excessive rain. The USDA is also finalizing agreements with sugar beet cooperatives to distribute $285 million to grower members for 2018 and 2019 crop losses. Funding is made available through the USDA’s Wildfires and Hurricane Indemnity Program Plus (WHIP+). The Senators said that producers should go to their local Farm Service Agency (FSA) starting March 23 to apply for WHIP+ assistance. Sugar beet growers should go directly to their cooperative. “This announcement from the
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