Latest Releases
U.S. Senator Tina Smith Presses JPMorgan CEO for Answers on Bank’s Ties to Jeffrey Epstein
WASHINGTON [5.10.23] – Today, Sen. Tina Smith (D-MN), wrote a letter to JPMorgan Chase’s CEO, Jamie Dimon, demanding answers following recent reports and court filings describing the bank’s financial involvement with Jeffrey Epstein. In her letter, Smith pressed Dimon for the bank’s policies and procedures around identifying and reporting human trafficking after allegations surfaced that JPMorgan ignored obvious signs of Epstein’s illegal activity and maintained its relationship with him against the advice of its own compliance department. “If true, JPMorgan’s decision to turn a blind eye to such egregious misconduct raises serious questions about its role in facilitating Epstein’s abuse, and its willingness or ability to root out and prevent other, less apparent instances of sex trafficking,” wrote Senator Smith According to an April 12 court filing, Epstein was a client at JPMorgan from 1998 to 2013 and maintained upwards of 50 accounts totaling hundreds of millions of dollars. This not only granted him access to exclusive banking and wealth management services, but apparently earned him the bank’s discretion. The filing alleges that in 2006, two years before Epstein was convicted for soliciting a minor for prostitution, a JPMorgan Rapid Response Team flagged internally that Epstein was making cash withdrawals ranging from $40,000 to $80,000 several times per month. By that year, the bank was reportedly aware that Epstein paid cash to have underage girls and young women trafficked to his home. This apparently became an open secret among senior executives, even devolving into a topic of jest. Still, the
Senators Smith, Rounds Unveil Major Bipartisan Package to Modernize and Update Rural Housing Programs
Washington [5.2.23] – This week, Senators Tina Smith (D-MN) and Mike Rounds (R-SD) introduced significant bipartisan legislation to improve federal rural housing programs, cut red tape, and strengthen the supply of affordable housing. The legislation would represent the most significant Rural Housing Service reforms years. “Without a safe, affordable place to live, nothing else in your life works. Not your job, not your education, not your health,” said Senator Smith. “We know that the housing crisis is hurting communities across the country, and the problem is particularly acute in rural places. This legislation is the direct result of bipartisan hearings and conversations with stakeholders who helped identify ways we can make federal rural housing programs work better for people struggling to find a safe, affordable place to live.” “Homeownership is part of the American dream and a key to building wealth,” said Senator Rounds. “Over the past year, Senator Smith and I have held hearings, met with stakeholders and visited with constituents in our states about the hurdles within the U.S. Department of Agriculture’s Rural Housing Service. This legislation makes important improvements and updates to the Rural Housing Service that will create and preserve affordable housing opportunities in South Dakota. As we face an affordable housing crisis across the nation, I look forward to working with my colleagues to get these important, bipartisan updates signed into law.” Lack of affordable housing remains an impediment for many rural towns and communities as they struggle to attract new businesses, residents and
Minnesota Congressional Delegation Urges FEMA to Provide Additional Financial Assistance and Review Procedures that led to 2019 Spring Storm Damage Underestimation
WASHINGTON – This week, U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN), and Representatives Jim Hagedorn (R-MN-1), Angie Craig (D-MN-2), Dean Phillips (D-MN-3), Betty McCollum (D-MN-4), Ilhan Omar (D-MN-5), Tom Emmer (R-MN-6), Collin Peterson (D-MN-7), and Pete Stauber (R-MN-8) urged the Federal Emergency Management Agency (FEMA) to provide additional financial assistance to the state and undertake a full review of the procedures that it relied on in developing its estimate of the damages from severe weather and widespread flooding in the spring of 2019 in Minnesota. Historic snowfall, ice, and melting snow caused widespread flooding and significant infrastructure damage
U.S. Senator Tina Smith & 32 Colleagues Introduce Bill to Achieve Net-Zero Greenhouse Gas Emissions in the United States by 2050
WASHINGTON, D.C. [02/13/20]—U.S. Senator Tina Smith (D-Minn.) helped introduce legislation—the Clean Economy Act—that would make sure the U.S. takes bold action to address the climate crisis, boost American competitiveness, promote healthier communities and foster a growing economy that works for all. By providing clear direction from Congress, the Clean Economy Act would direct Federal agencies to use existing authorities to put our country on a pathway to achieve net-zero greenhouse gas emissions by no later than 2050 while fostering a stronger, fairer economy for all Americans. You can access video of Sen. Smith discussing this legislation here. “Our nation can either lead or follow when it
U.S. Senators Smith, Rounds, Fischer & Baldwin Host Bipartisan Rural Working Group Meeting in Washington
WASHINGTON, D.C. [02/13/20]—Today, U.S. Senators Tina Smith (D-Minn.), Mike Rounds (R-S.D.), Tammy Baldwin (D-Wis.), and Deb Fischer (R-Neb.)—leaders of the Bipartisan Senate Rural Working Group—hosted a kickoff event with rural leaders and stakeholders in Washington. The group, co-chaired by Sens. Smith and Rounds, seeks to connect people and organizations with ties to rural communities who want to help address the many unique challenges that often hit rural areas hard. The group also aims to identify successful ideas and partnerships to spur efforts to restore economic prosperity in rural communities across the country. “I’ve been to rural communities and Tribal areas across Minnesota,
U.S. Senator Tina Smith, Democratic Colleagues Call on Amazon to Address Continued Rise of Work-Related Injuries
WASHINGTON, D.C. [02/10/20]—Today, U.S. Senator Tina Smith (D-Minn.)—along with Sens. Sherrod Brown (D-Ohio), Bernie Sanders (D-Vt.) and Tammy Baldwin (D-Wis.) and several other senators—urged Amazon to take steps to put people ahead of profits amid troubling reports of workplace injuries. These reports—from fulfillment centers like the Shakopee Fulfillment Center in Minnesota—indicate work-related injuries at Amazonare higher than other private sector employees, and the warehouse industry as a whole. A recent Atlantic report dug deep into how Amazon’s strict quota requirements force employees to fulfill orders so quickly that they either put themselves at risk of getting an injury or losing their jobs. In a letter to Amazon CEO Jeff Bezos,
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