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
Klobuchar, Smith Join Colleagues in Calling for Full Funding of the Firefighter Cancer Registry
WASHINGTON – U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN) joined Senators Bob Menendez (D-NJ), Deb Fischer (R-NE), and over 30 other senators in requesting full funding for the Firefighter Cancer Registry. The Firefighter Cancer Registry Act was signed into law in July 2018 and requires the Centers for Disease Control and Prevention (CDC) to collect the number and type of fire incidents in connection to firefighters who receive a cancer diagnosis—helping doctors and researchers to study the relationship between firefighting and an increased risk for the deadly disease. Although $2.5 million was authorized for the registry, the full
U.S. Sens. Amy Klobuchar, Tina Smith Help Introduce Bill to Make Important Investments in High-Need Schools and Special Education in Minnesota, Across Nation
WASHINGTON, D.C. [04/12/2019]—This week, U.S. Senators Amy Klobuchar and Tina Smith (D-Minn.) continued to fight for strong investments in schools across the country by helping introduce the Keep Our Promise to America’s Children and Teachers (PACT) Act, which would put the nation on the right path of funding special education and making sure every child has access to quality education. “A high-quality education should be the basic right of every child, no matter where they live or how they learn,” said Sen. Klobuchar. “Every student deserves fair and equal access to the best education possible, and Congress has an
U.S Senator Tina Smith Introduces Bipartisan Legislation to Bring Lower-Cost Insulin to Market
WASHINGTON, D.C. [04/11/2019]—Today, U.S. Senator Tina Smith (D-Minn.) continued her push to bring down the fast-rising price of insulin by introducing a bipartisan bill with Republican Senator Bill Cassidy, M.D. (R-La.) focused on bringing lower-cost insulin to market. The Food and Drug Administration (FDA) is currently transitioning the way it regulates insulin, and Sens. Smith and Cassidy’s bill—the Protecting Access to Biosimilars Act—would codify this new pathway for insulin to come to market, thus increasing market competition and driving down the cost of the life-saving medicine. You can access a summary of the bill here. “High insulin prices are
U.S Senator Tina Smith Signs onto Bill to Crack Down on Explosion of Robocalls
WASHINGTON, D.C. [04/10/2019]—This week, Sen. Smith (D-Minn.) signed on to a bill that would increase penalties against telemarketers who spam Americans with robocalls and promote call authentication and blocking technologies. Robocalls are on the rise, with one source reporting an increase of 50% in robocall volume from February to July of last year. The legislation is also supported by the senior Senator from Minnesota, Amy Klobuchar (D-Minn.). The bipartisan Telephone Robocall Abuse Criminal Enforcement and Deterrence (TRACED) Act increases penalties for fraudulent telemarketers, while also implementing measures to proactively protect consumers from receiving unwanted robocalls. The bill was introduced by
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