Latest Releases
U.S. Senator Tina Smith Reintroduces Legislation to Support Sustainable Workplace Retirement Plans
WASHINGTON, D.C. [02/16/23]— Today, U.S. Senator Tina Smith (D-Minn.) reintroduced legislation to provide legal certainty to workplace retirement plans that choose to consider environmental, social and governance (ESG) factors in their investment decisions or offer ESG investment options. “Sustainable investment options are good for retirees and good for our environment—that’s a win-win,” said Sen. Smith, a member of the Senate Banking Committee. “I’m putting forth this legislation because we know there’s a growing demand for sustainable investing, and Congress should act now to provide the legal certainty necessary to make sure workplace retirement plans are able to offer these options to workers across the country.” Despite considerable demand for sustainable investment options, relatively few workplace retirement plans, such as pensions and 401(k) plans, take sustainable investing principles into account in their investment decisions or provide sustainable investment options to workers. This is the case even though many workers and retirees want their plans to do so. One of the primary issues hindering plans that want to offer sustainable investment options is an uncertain and regularly changing legal environment. Under the Trump Administration, the Department of Labor issued a rule that imposed new limits on the consideration of environmental, social, and governance (ESG) factors by workplace retirement plans. That rule was rescinded and replaced last year, once again allowing plans to invest sustainably. However, the new rule is currently subject to a legal challenge and is the target of a Congressional Review Act resolution. The Freedom to Invest in a Sustainable Future Act
U.S. Senators Tina Smith, Lindsey Graham Reintroduce Bipartisan Legislation to Help Prepare Young People for the Workforce
WASHINGTON, D.C. [02/16/23]—This week, U.S. Senators Tina Smith (D-Minn.) and Lindsey Graham (R-S.C.) reintroduced bipartisan legislation to promote partnerships between afterschool providers and businesses so young people can explore career paths and opportunities that help them land their first jobs and thrive in the workforce. The Youth Workforce Readiness Act would support high-quality programs that help young people gain practical skills and connect them to real-life work experiences and learning opportunities. The legislation is co-sponsored by Senators Susan Collins (R-ME) and Ron Wyden (D-OR). “We should be doing everything we can to provide our kids with the skills and connections they need to find good jobs and contribute to their communities. I also hear from employers in Minnesota that they need help getting connected to great employees. That’s where afterschool and out-of-school time providers can play a role in helping young people gain skills and make connections to mentors, opportunities and local employers,” said Sen. Smith, a member of the Senate Education and Labor Committee. “Our bipartisan bill would help support youth success for years to come by exposing young people to a wide range of careers and helping them make connections in the workforce.” “Preparing our kids to successfully contribute to our economy helps keep America strong,” said Sen. Graham. “A well-educated, well-trained workforce is a key component to future economic development. This legislation is great news for South Carolina and an important investment in the future of our nation.” Right now, too many young people in Minnesota and around the
U.S. Senators Klobuchar, Smith Seek Information on How Shutdown is Hurting Ability to Protect Americans From Robocallers and Scammers
WASHINGTON, D.C. [01/24/19]—U.S. Senators Amy Klobuchar (D-Minn.) and Tina Smith (D-Minn.) urged the Federal Trade Commission (FTC) to provide more information on how the shutdown is impeding the agency’s ability to protect consumers in Minnesota and across the country from robocallers and scammers. This month, reports indicated that the government shutdown could cause illegal and scamming robocalls to rise dramatically because the FTC is unable to administer key consumer protection programs or take enforcement action against bad actors. On Wednesday, Sens. Klobuchar and Smith joined an effort led by Sen. Richard Blumenthal (D-Conn.) to call for FTC guidance on how to assist constituents hurt by robocalls and scams during
U.S. Senator Tina Smith Helps Introduce Legislation to Protect Tribal Programs In Minnesota, Across Nation From Future Funding Uncertainty
WASHINGTON, D.C. [01/25/19]—Today, U.S. Senator Tina Smith (D-Minn.) helped introduce legislation to protect federal and tribal programs from budget uncertainty caused by government shutdowns and short-term funding packages. Sen. Smith has heard concerns from tribal leaders in Minnesota as the current shutdown continues and a lack of federal funds puts critical programs at risk. The bill—called the Indian Programs Advance Appropriations Act (IPAAA) led by Senate Indian Affairs Committee Vice Chairman Tom Udall (D-N.M)—would authorize advance resources for programs and services within the Indian Health Service (IHS) and the Bureau of Indian Affairs (BIA). Currently, critical federal programs at the Department of Education, Department of Housing and Urban Development,
U.S. Senator Tina Smith’s Statement on Deal to Reopen Government
WASHINGTON, D.C. [01/25/19]—Today, U.S. Senator Tina Smith (D-Minn.) released the following statement following the announcement that an agreement was reached to end the current shutdown and reopen the federal government: “From the beginning, the government shutdown was a waste focused on a political symbol instead of real solutions. Finally, President Trump is realizing the increasingly harmful toll the shutdown is taking on our country. I’m glad a deal has been reached to reopen the government and focus on meaningful negotiations, but we still need to make sure federal contract employees get back pay—which is an issue I introduced a bill
Sen. Tina Smith Continues to Lead Push to Secure Back Pay For Federal Contract Workers Financially Devastated by Shutdown
WASHINGTON, D.C. [01/29/19]—Today, U.S. Senator Sen. Tina Smith (D-Minn.), continued to lead the push to secure back pay for the thousands of federal contract workers who went many weeks without a paycheck during the 35-day federal shutdown. Unlike federal government employees who returned to work this week, the thousands of federal contract employees—many of whom serve in modestly-paid jobs—have no assurances that they will receive back pay to make up for the wages they missed during the shutdown. On Tuesday, Sen. Smith was joined at a Capitol Hill press conference by Rep. Ayanna Pressley (D-Mass.), Rep. Eleanor Holmes Norton (D-D.C.), and a coalition of several other Congressional Democrats to discuss
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