Latest Releases
U.S. Senator Tina Smith Joins Elizabeth Warren, Banking Committee Democrats in Pressing SEC Chair to Require Disclosure of Corporate Lobbying Expenditures
Washington, D.C. — Today, U.S. Senators Tina Smith (D – Minn.), Sherrod Brown (D-Ohio.), Jon Tester (D-Mont.) and John Fetterman (D-Pa.) signed onto a letter led by Senator Elizabeth Warren (D – Mass.) urging Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), to create new rules requiring public companies to disclose their spending on lobbying efforts. Public companies are not currently required to report information on the details of their lobbying to the SEC even as corporate lobbying expenditures reach record highs. “In 2022, total federal lobbying expenditures reached $4.1 billion – the highest since 2010. Amazon and Meta spent almost $20 million each to influence decision-making in Congress and across government agencies, while the U.S. Chamber of Commerce – which counts companies like JPMorgan Chase, Alphabet, and Chevron among its members – spent $79.4 million,” wrote the senators. “While these figures are staggering, they provide little insight into the interests that companies spend millions each year to advance. This lack of transparency erodes the ability of everyday investors to make informed decisions about where to invest their money – and where their money goes once they have invested.” Specifically, the senators are requesting that such rules require disclosure of lobbying strategy, the total amount of direct or indirect contributions to registered state and federal lobbyists and any material risks related to or arising from lobbying strategies and expenditures. The senators requested the SEC provide them with details on their plans to develop and issue such rules no later than
U.S. Senators Tina Smith, Tom Cotton Reintroduce Bipartisan Legislation to Boost U.S. Pharmaceutical Manufacturing
WASHINGTON, D.C. — Today, Senators Tina Smith (D-MN) and Tom Cotton (R-AR) reintroduced bipartisan legislation to reduce dependence on foreign pharmaceutical manufacturing and boost production in the U.S. The pandemic exposed our nation’s dependence on other countries for essential prescription drugs. Seventy-seven percent of key pharmaceutical ingredients come from overseas, including from China, threatening the security of the supply chain and leading to shortages of essential prescription drugs. The American Made Pharmaceuticals Act would reduce our dependence on foreign countries for pharmaceuticals by boosting production here at home. The legislation would create federal incentives to onshore manufacturing of essential medicine, while taking steps to shore up links in the supply chain. “We know that depending on foreign countries for key resources – whether it’s oil or medicine – leaves us vulnerable to global supply chain shocks and shortages,” said Sen. Smith. “This bipartisan legislation would reduce our dependence on foreign pharmaceutical manufacturing and help boost production here at home. I look forward to getting this bill across the finish line so we can relieve prescription drug shortages and build more resilient supply chains.” “The Chinese Communist Party threatened to cut off America’s access to vital drugs during the pandemic,” said Sen. Cotton. “It’s time to bolster onshore manufacturing of pharmaceuticals to ensure Americans never have to rely on China for lifesaving medicine.” “Amneal applauds Senators Smith and Cotton on their targeted approach to increase pharmaceutical manufacturing here in the United States,” said Chirag Patel, President & Co-CEO of Amneal Pharmaceuticals. “Ensuring that
Klobuchar, Smith Announce over $47.5 Million for Housing in Minnesota in Response to Coronavirus
WASHINGTON — U.S. Senators Amy Klobuchar and Tina Smith announced that the Department of Housing and Urban Development (HUD) has awarded Minnesota $47,520,331 in grants to meet the housing needs of Minnesotans impacted by the coronavirus pandemic. These funds, which Congress made available through the CARES Act, will help low-income families and Minnesota’s most vulnerable citizens, including the homeless. These relief funds will be awarded by using existing grant formulas so grantees can quickly help their communities. “As Minnesotans continue to deal with the health and economic impacts of the coronavirus pandemic, it is more important than ever to ensure that all residents
U.S. Senator Tina Smith’s Bipartisan Bill to Prevent Drug Shortages Becomes Law Amid Coronavirus Pandemic
WASHINGTON, D.C. [04/08/20]— U.S. Senator Tina Smith (D-Minn.)—a member of the Senate Health Committee—says that measures from her bipartisan bill to prevent drug shortages were enacted into law as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The measures from Sen. Smith’s Mitigating Emergency Drug Shortages (MEDS) Act, which she introduced with Republican U.S. Senator Susan Collins of Maine, will improve reporting requirements of potential drug shortages and help increase the supplies of vital drugs needed to treat or prevent a wide variety of diseases, illnesses, and conditions. “As we find ourselves amid the coronavirus pandemic, it’s critical that health care workers
Klobuchar, Smith, Schneider, Colleagues Urge Administration to Increase Number of Doctors in Rural and Other Medically Underserved Areas
WASHINGTON – U.S. Senator Amy Klobuchar (D-MN) and Representative Brad Schneider (D-IL-10) along with colleagues in both the House and the Senate, wrote to U.S. Citizenship and Immigration Services (USCIS) urging the Administration to resume premium processing for physicians seeking employment-based visas. Doctors on these visas increase access to health care, especially rural areas, through the Conrad 30 program, which allows foreign medical school graduates who have been trained in the United States to stay in the country as long as they serve underserved areas. On March 20, USCIS announced its suspension of premium processing due to the coronavirus (COVID-19)
At the Urging of U.S. Senator Tina Smith, Congress Approves $20 Million to Provide Nutrition Services to Native Elders During COVID-19 Pandemic
WASHINGTON, D.C. [04/08/20]— U.S. Senator Tina Smith (D-Minn.)—a member of the Senate Indian Affairs Committee—says that Congress heeded her call to ensure Native elders continue to have nutrition assistance during the COVID-19 pandemic. The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) includes $20 million in emergency funding for Native elder nutrition programs. Sen. Smith fought for emergency funding so that Tribal organizations can continue to provide these essential services, which may include meal assembly and delivery, nutrition counseling, nutrition education, farmers market operations, supporting food banks, charitable organizations/food distribution centers, and more. Sen. Smith said that Bois Forte Band of Chippewa, Fond du Lac Band of Lake Superior Chippewa, Grand Portage Band of Lake Superior
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