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
U.S. Senator Tina Smith, Colleagues Fight to Strengthen Rights of Public Sector Workers to Join Unions, Bargain Collectively
WASHINGTON, D.C. [06/26/19]—Today, U.S. Senator Tina Smith (D-Minn.) and a number of her colleagues introduced bicameral legislation to protect the rights of nearly 17.3 million public workers to join a union and collectively bargain for fair wages, benefits, and improved working conditions. The Public Service Freedom to Negotiate Act of 2019 will guarantee the right of public employees to organize, act concertedly, and bargain collectively in states that currently do not afford these basic protections. “Hard-working Americans have a fundamental right to join together to fight for fair wages and better working conditions,” said Sen. Smith, a member of the Senate HELP Committee. “By protecting the rights of public
U.S. Senator Tina Smith Pushes Bipartisan Legislation to Help Schools Replace Outdated Kitchen Equipment that Prevents them From Serving Most Nutritious Meals
WASHINGTON, D.C. [6/25/19]— U.S. Senators Tina Smith (D-Minn.) and Susan Collins (R-Maine) introduced bipartisan legislation to help schools in Minnesota and across the country replace inefficient and outdated kitchen equipment that may prevent them from serving students the most nutritious meals possible. The School Food Modernization Act would provide grants, loan guarantees and technical assistance to schools in need of replacing outdated equipment. “Nutritious meals in schools don’t just keep kids from going hungry; they make it so students can focus and develop a love of learning,” said Senator Smith, a member of the Senate Education Committee. “Yet,
U.S. Senator Tina Smith Secures Bipartisan Support for Her Legislation to Ensure Millions of Americans with Diabetes Aren’t Forced Into Dangerous Practice of Rationing Insulin
WASHINGTON, D.C. [06/25/19]—Today, U.S. Senator Tina Smith’s (D-Minn.) legislation to hold insulin manufacturers accountable for excessive increases in the price of life-sustaining insulin—announced last week in Minneapolis and set to be introduced later this week in remembrance of Minnesotan Alec Smith—secured bipartisan support thanks to Senator Kevin Cramer (R-N.D.) cosponsoring the Emergency Access to Insulin Act. “Thank you to my colleague and neighbor Senator Cramer for supporting my legislation to provide Minnesotans and Americans with the insulin they need to survive, and to put us on a path to bring down the cost of insulin,” said Sen. Smith, a member
U.S. Senator Tina Smith Pushes Education Secretary DeVos to End Delays in Loan Forgiveness for Students who Attended Now-Defunct For-Profit Colleges
WASHINGTON, D.C. [06/19/19]—U.S. Senator Tina Smith (D-Minn.) is calling on U.S. Education Secretary Betsy DeVos to quickly process the claims of thousands of defrauded students in Minnesota and across the country seeking to get their federal student loans discharged. Thousands of pending discharge applications from students who attended now-defunct colleges – including more than 2,700 from Minnesota – have languished at the U.S. Department of Education for an average of 882 days. Sen. Smith — along with Sens. Dick Durbin (D-IL), Patty Murray (D-WA), and 19 of their Democratic colleagues — wrote Wednesday to U.S. Education Secretary Betsy
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