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U.S. Senators Tina Smith, Dave McCormick, Ruben Gallego and Thom Tillis Introduce Bipartisan Legislation to Extend the Terrorism Risk Insurance Program for Seven Years

WASHINGTON, DC – Today, U.S. Senators Tina Smith (D-MN), Dave McCormick (R-PA), Ruben Gallego (D-AZ),  and Thom Tillis (R-NC) introduced the bipartisan Terrorism Risk Insurance Program Reauthorization Act of 2026, which is essential to economic security by safeguarding the availability of terrorism risk coverage. This legislation is also cosponsored by Senators Britt (R-AL), Van Hollen (D-MD), Crapo (R-ID), Cortez Masto (D-NV), Kennedy (R-LA), Schumer (D-NY), Moreno (R-OH), Kim (D-NJ), Ricketts (R-NE), Alsobrooks (D-MD), Warnock (D-GA) and Blunt-Rochester (D-DE). Following the attacks on September 11, 2001, most states began allowing terrorism risk to be excluded from commercial insurance policies, leaving businesses and industries without access to coverage. Since insurance is a precondition for commercial lending and real estate transactions, this gap in coverage threatened broad economic damage across real estate, construction, energy, transportation, and related industries. Congress responded by passing the Terrorism Risk Insurance Act of 2002 (TRIA), creating a federal reinsurance backstop to stabilize the private market and ensure that commercial policyholders could continue to obtain terrorism risk coverage.  The private insurance market has relied on the TRIA backstop ever since. When TRIA briefly lapsed in December 2014, terrorism exclusions that insurers had pre-filed with state regulators took effect automatically, making terrorism coverage effectively unavailable across commercial policies nationwide. As a result, terrorism risk coverage was removed from policyholders immediately and without notice. Given that the current threat landscape remains elevated, allowing a similar lapse in terrorism coverage would expose policy holders to unnecessary financial risk and uncertainty.  “The Terrorism Risk Insurance Program is critical to keeping insurance available and affordable to businesses in Minnesota and across the country so they can grow and create jobs,” said Senator Smith. “Without this bill, a potential terrorism event would mean a financial catastrophe for many businesses and would be extremely costly to taxpayers.

U.S. Senators Tina Smith, Catherine Cortez Masto Introduce Legislation Protecting Children Harmed by ICE Actions Against Their Parents

WASHINGTON – Today, U.S. Senators Tina Smith (D-MN) and Catherine Cortez Masto (D-NV) introduced the Humane Enforcement and Legal Protections (HELP) for Separated Children Act. The legislation would protect children affected by immigration enforcement actions or proceedings against their parents. According to a 2019 analysis, there are 7.2 million children of noncitizen parents in the United States. “The images of 5-year-old Liam Conejo Ramos in his bunny hat after preschool are seared into the minds of Minnesotans. Using children as pawns to detain their parents is morally repugnant,” said Senator Smith. “This bill would put common-sense moral safeguards in place to protect children from ICE agents’ brutal tactics. Children are our most precious gift and needlessly traumatizing them in service of this Administration’s mass deportation campaign is beneath this nation’s morals.”  “President Trump promised to go after the worst of the worst, but his immigration agenda is targeting hardworking immigrants instead,” said Senator Cortez Masto. “Innocent kids across the United States have been caught in the crossfire as their parents become targets of his Administration’s cruel immigration enforcement efforts. We must pass the HELP for Separated Children Act to require immigrant families be treated with dignity and to protect the rights of the most vulnerable among us.” “Coloradans must be assured that ICE is subject to the same common-sense practices we expect from well-functioning local law enforcement, especially when it comes to the best interests of children,” said Senator Bennet. “The HELP for Separated Children Act will bring dignity back to families and ensure proper safeguards are in place to hold ICE accountable. We cannot allow the Trump

U.S. Senators Tina Smith, Mike Rounds Reintroduce Bipartisan Rural Housing Legislation

WASHINGTON – Today, U.S. Senators Tina Smith (D-MN) and Mike Rounds (R-SD) reintroduced their bipartisan legislation to improve federal rural housing programs and strengthen the supply of affordable housing in rural America. The legislation would represent the most significant Rural Housing Service reforms in decades . The Rural Housing Service expands housing opportunities by offering loans, grants, and rental assistance to rural communities across the country. Rural parts of the country saw only a 1.7% increase in the number of housing units between 2010 and 2020, with almost half of states seeing a decrease in the number of rural units. According to the Minnesota Housing Partnership, every county in Minnesota

U.S. Senator Tina Smith and U.S. Representatives Budzinski, Nunn and Courtney Introduce Bipartisan Bill to Help New Farmers Gain Access to Land

ST. PAUL — Today, U.S. Senator Tina Smith (D-MN) and Reps. Nikki Budzinski (D-IL),  Zach Nunn (R-IA), and Joe Courtney (D-CT) introduced the New Producer Economic Security Act, a bipartisan bill to help bring the next generation into family farming. The bill addresses the issue of Minnesota’s aging farmer and rancher population by giving new farmers and ranchers the tools they need to succeed through grants, financial aid, and training. It ensures that the support goes where it is needed most. “The average age of a producer in the United States is 58, and in Minnesota it’s 57. To keep Minnesota’s agriculture economy thriving, we need to invest

U.S. Senator Tina Smith Statement on Musk and Trump Administration Gutting Heating Assistance for Minnesotans During Severe Winter Weather

MINNEAPOLIS – U.S. Senator Tina Smith (D-MN) released the following statement in response to the news that Elon Musk, DOGE and the Trump Administration have fired all federal workers charged with distributing funding and administering the Low-Income Heating and Energy Assistance Program (LIHEAP), which helps families pay utility bills when they need help making ends meet through Minnesota’s Energy Assistance Program. “Firing all the workers from the office that helps families keep their homes warm and safe through the winter is thoughtless and cruel.  Hundreds of thousands of Minnesotans are facing severe winter weather right now, and the need for heating assistance is greater than ever. Minnesota still hasn’t received all the

U.S. Senator Tina Smith Hosts Flag Ceremony with Minnesota Tribal Nations

WASHINGTON, D.C. – On Monday, U.S. Senator Tina Smith (D-MN) hosted a Flag Ceremony with Tribal leaders from Tribal Nations across Minnesota in Washington, D.C. A Flag Ceremony is a formal event to honor the flags of Tribal Nations and the Tribes’ sovereignty, identity, and history. The Mille Lacs Singers sang the Flag Song to commemorate the occasion. Senator Smith will display the flags of the 11 Tribal Nations in Minnesota at her offices in Washington, D.C. and St. Paul in recognition of the government-to-government relationships with the Tribal Nations. This is the first time that a member of the Minnesota Congressional

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