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Senator Smith, Colleagues Question RealPage CEO on Role in Exacerbating Housing Inflation

Washington D.C. – U.S. Senators Tina Smith (D-Minn.), Chair of the Senate Housing, Transportation and Community Development Subcommittee, Elizabeth Warren (D-Mass.), Bernie Sanders (I-Vt.) and Edward J. Markey (D-Mass.) sent a letter to RealPage CEO Dana Jones, expressing concern about RealPage’s algorithmic pricing software, and its role in driving rising rents across the country. This letter follows reporting indicating that the software, YieldStar, may push affordable housing for families further out of reach by “artificially inflating rents and stifling competition,” creating a rent-hike race to the top.  According to a ProPublica investigation, YieldStar, a “software that uses a mysterious algorithm to help landlords push the highest possible rents on tenants,” has become the favored rent-setting tool for some of the largest landlords in the country. RealPage reported that its clients used its rent-setting technology to price nearly 20 million units in 2020. Greystar, the largest property management company in the U.S., uses this software to set rents for over 150,000 apartments. And it is not just the largest landlords utilizing this technology: ProPublica investigators found that rent in 70 percent of units in one Seattle neighborhood, overseen by ten different property managers, was set using RealPage’s pricing software.  Using lease and other private information collected from RealPage customers, YieldStar’s algorithm calculates and suggests the highest rents landlords should charge, “push[ing] [them] to go places that [they] wouldn’t have gone if [they] weren’t using it.” RealPage advertises that its customers “outperform the market,” “recommend[ing] that landlords in some cases accept a

Senators Smith, Wyden Introduce Legislation to Strengthen Mental Health Care Coverage, Hold Insurance Companies Accountable

WASHINGTON, D.C. [11/15/22] — Today, U.S. Senators Tina Smith (D-Minn.) and Ron Wyden (D-Ore.), introduced legislation to improve mental health coverage. Specifically, the bill would crack down on inaccurate health care provider listings or “ghost networks,” and create stronger enforcement standards to protect those seeking mental health care.   “We need to treat mental health with the same urgency we treat physical health, and that means making sure everyone has access to the care they need,” said Sen. Smith. “By law, insurance companies must cover mental health just like they cover physical health, yet they’re still finding ways to dodge compliance and deny coverage. By setting stricter standards and holding insurance companies accountable for inaccurate listings, this legislation will help ensure people can access the mental health care coverage they are entitled to.” “Too often, Americans who need affordable mental health care hit a dead end when they try to find a provider that’s covered by their insurance,” Wyden said. “Ghost networks mean that the lists of mental health providers in insurance company directories are almost useless. This legislation will create real accountability and consequences for insurance companies that refuse to do the necessary work of keeping provider directories up to date.” “People face great barriers accessing mental health care. One of those barriers is finding a provider who is in network and taking new patients,” said Sue Abderholden, Executive Director, NAMI Minnesota.  “Too many people find inaccurate information in network listings and many of the providers are not taking new

Sen. Tina Smith’s Statement on Supreme Court’s Latest Labor Union Decision

WASHINGTON, D.C. [06/27/18]—Today, U.S. Senator Tina Smith (D-Minn.) released the following statement after the Supreme Court released their 5-4 decision on the Janus labor union case. “I believe that workers have a fundamental right to join together to fight for fair wages and better working conditions,” said Sen. Smith. “I’m deeply disappointed in today’s Supreme Court decision to weaken this key protection for teachers, firefighters, nurses, and other public sector employees. We must now renew our commitment to fight against far-right, corporate-funded, special interests which backed this case—and continue to defend working families in Minnesota and across the country.” ###

Sen. Tina Smith on Supreme Court Justice Kennedy’s Retirement: “Pivotal Moment in Our Country”

WASHINGTON, D.C. [06/27/18]—Today, while delivering a speech on the Senate floor, U.S. Senator Tina Smith made the following statement on Justice Kennedy’s retirement announcement. You can access video of her remarks here. “This is a pivotal moment in our country. With Justice Kennedy’s retirement announcement today, the stakes have never been higher for making sure we choose a Supreme Court justice committed to the constitution and protecting the most fundamental rights of Americans—the right to vote, the ability to organize, a woman’s right to choose. And whomever replaces Justice Kennedy will no doubt have a say on issues that affect the

U.S. Senator Tina Smith Helps Pass Bipartisan Senate Farm Bill

  WASHINGTON, D.C. [06/28/18]—After taking a leading role in making sure Minnesota priorities are included in the 2018 Farm Bill as a member of the Senate Agriculture Committee, U.S Senator Tina Smith (D-Minn.) was proud to help pass the bipartisan legislation in the Senate today. The Senate Farm Bill includes measures authored and championed by Sen. Smith—her legislative roadmap for the energy title of the Farm Bill, her provision to expand access to much-needed broadband in rural communities and tribal areas across the country, and a provision to create a U.S. Department of Agriculture “Rural Health Liaison” who will work

Sen. Tina Smith in Senate Floor Speech: “Farm Bill Touches Lives of Virtually Every American”

WASHINGTON, D.C. [06/28/18]—Today, U.S. Sen. Tina Smith (D-Minn.)—a member of the Senate Agriculture Committee—urged her Senate colleagues to pass the bipartisan Farm Bill in order to provide more certainty to farmers, and to support jobs in Minnesota and across the country. You can download video of Sen. Smith’s speech here and access a copy of her remarks as prepared for delivery here. “The Farm Bill touches the lives of virtually every American, and it is vital to my state’s economy,” said Sen. Smith in her speech from the Senate floor. “This bill will provide important stability and predictability to Minnesota farmers, ranchers, rural communities, and

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