Latest Releases
U.S. Senator Tina Smith Joins Elizabeth Warren, Banking Committee Democrats in Pressing SEC Chair to Require Disclosure of Corporate Lobbying Expenditures
Washington, D.C. — Today, U.S. Senators Tina Smith (D – Minn.), Sherrod Brown (D-Ohio.), Jon Tester (D-Mont.) and John Fetterman (D-Pa.) signed onto a letter led by Senator Elizabeth Warren (D – Mass.) urging Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), to create new rules requiring public companies to disclose their spending on lobbying efforts. Public companies are not currently required to report information on the details of their lobbying to the SEC even as corporate lobbying expenditures reach record highs. “In 2022, total federal lobbying expenditures reached $4.1 billion – the highest since 2010. Amazon and Meta spent almost $20 million each to influence decision-making in Congress and across government agencies, while the U.S. Chamber of Commerce – which counts companies like JPMorgan Chase, Alphabet, and Chevron among its members – spent $79.4 million,” wrote the senators. “While these figures are staggering, they provide little insight into the interests that companies spend millions each year to advance. This lack of transparency erodes the ability of everyday investors to make informed decisions about where to invest their money – and where their money goes once they have invested.” Specifically, the senators are requesting that such rules require disclosure of lobbying strategy, the total amount of direct or indirect contributions to registered state and federal lobbyists and any material risks related to or arising from lobbying strategies and expenditures. The senators requested the SEC provide them with details on their plans to develop and issue such rules no later than
U.S. Senators Tina Smith, Tom Cotton Reintroduce Bipartisan Legislation to Boost U.S. Pharmaceutical Manufacturing
WASHINGTON, D.C. — Today, Senators Tina Smith (D-MN) and Tom Cotton (R-AR) reintroduced bipartisan legislation to reduce dependence on foreign pharmaceutical manufacturing and boost production in the U.S. The pandemic exposed our nation’s dependence on other countries for essential prescription drugs. Seventy-seven percent of key pharmaceutical ingredients come from overseas, including from China, threatening the security of the supply chain and leading to shortages of essential prescription drugs. The American Made Pharmaceuticals Act would reduce our dependence on foreign countries for pharmaceuticals by boosting production here at home. The legislation would create federal incentives to onshore manufacturing of essential medicine, while taking steps to shore up links in the supply chain. “We know that depending on foreign countries for key resources – whether it’s oil or medicine – leaves us vulnerable to global supply chain shocks and shortages,” said Sen. Smith. “This bipartisan legislation would reduce our dependence on foreign pharmaceutical manufacturing and help boost production here at home. I look forward to getting this bill across the finish line so we can relieve prescription drug shortages and build more resilient supply chains.” “The Chinese Communist Party threatened to cut off America’s access to vital drugs during the pandemic,” said Sen. Cotton. “It’s time to bolster onshore manufacturing of pharmaceuticals to ensure Americans never have to rely on China for lifesaving medicine.” “Amneal applauds Senators Smith and Cotton on their targeted approach to increase pharmaceutical manufacturing here in the United States,” said Chirag Patel, President & Co-CEO of Amneal Pharmaceuticals. “Ensuring that
Sen. Tina Smith Supports Bipartisan Bill to Protect Robert Mueller from Being Fired for Political Reasons
Today, U.S. Senator Tina Smith said she supports a new legislative effort to insulate special counsel Robert Mueller—who’s in charge of the Trump-Russia investigation—from being fired by President Trump. By establishing an expedited judicial review process to scrutinize and even overturn the firing of a special counsel if such a dismissal happens without good cause, the Special Counsel Independence and Integrity Act would help ensure that the investigation into the Trump team’s ties to Russia remains free from political attacks. “Russia is a hostile foreign government that interfered in the 2016 presidential election with the goal of undermining our democracy. No
Sen. Tina Smith Introduces Bill to Deploy Broadband to Unserved Rural and Tribal Communities
Today, U.S. Senator Tina Smith introduced legislation—the Community Connect Grant Program Act—to establish the U.S. Department of Agriculture (USDA) program under law and make improvements to the grant program that makes funding available for broadband projects in tribal, low-income, and remote rural areas. The USDA Community Connect program through the Rural Utilities Service (RUS) helps fund broadband deployment into rural communities. In addition to authorizing the program and targeting areas that lack access across the nation, Sen. Smith’s bill would increase internet speed service under the program because she hears time and time again that this is a real concern for
Sen. Tina Smith Takes Stand for Minnesota Travelers Abandoned in Mexico by Sun Country Airlines
Today, U.S. Sen. Tina Smith took a stand for the Minnesota travelers who were effectively abandoned by Eagan-based Sun Country Airlines after the company cancelled return flights to the Twin Cities during the weekend snowstorm but failed to rebook or adequately refund the passengers. In a letter to the Department of Transportation sent today, she called on federal transportation officials to look into Sun Country’s failures and to explain what is being done to ensure that airline cancellation policies protect travelers. She also criticized Sun Country for how it mishandled the rebooking and refunding of passengers who have been forced
Klobuchar, Smith Demand Answers from Sun Country After Airline Cancels Flights and Strands Passengers in Mexico
WASHINGTON- U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN) sent a letter to Sun Country Airlines CEO Jude Bricker to demand answers from the company after the airline cancelled flights from Los Cabos and Mazatlán, Mexico to Minneapolis-St. Paul International Airport (MSP) due to severe weather, leaving approximately 250 passengers in a foreign country without flight options. Because these flights were the last of the season, Sun Country consumers in Mexico had no alternative travel options. Consumers were forced to purchase last-minute, one-way tickets through alternative airlines in order to return to Minnesota. While consumers were compensated for the
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