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 Helps Introduce Bill to Improve Access to Mental Health Services for Students
WASHINGTON, D.C. [06/21/2018]—Today, U.S. Senator Tina Smith (D-Minn.)—a member of the Senate Health Committee—helped introduce legislation in order to better address the increasing number of students with mental health concerns at colleges and universities across the country. The bill—known as the Higher Education Mental Health Commission Act—would create a national commission to study the mental health concerns that students face. This commission would includerepresentatives from higher education institutions, disability and student advocacy groups, students with mental health conditions, and family members of college students. “Facilitating open, honest conversations about mental health is an important first step toward eliminating the stigma that
Sens. Smith, Warren Press HHS Secretary Azar on Trump Administration’s Broken Promises to Lower Drug Prices Ahead of Hearing on Tuesday, June 12
WASHINGTON, D.C. [06/11/18]—U.S. Senators Tina Smith (D-Minn.) and Elizabeth Warren (D-Mass.)—both members of the Senate Health Committee—have called on Department of Health and Human Services (HHS) Secretary Alex Azar to address their concerns about the Trump Administration’s inadequate proposals to reduce drug prices and his broken campaign promises to “negotiate like crazy” for lower drug prices. Last month, the senators also sent letters to the top ten drug company CEOs asking if they had voluntarily reduced prices as President Trump and Secretary Azar have suggested they would in response to the Administration’s drug pricing blueprint. Not one company had done so—and one of the few companies that gave
Sen. Tina Smith Says 2010 Supreme Court Decision to Allow Secretive, Unregulated Money to Influence U.S. Elections is Imperiling U.S. Democracy
WASHINGTON, D.C. [06/13/18]—U.S Senator Tina Smith (D-Minn.) said the 2010 Supreme Court ruling that allowed a torrent of secretive, unregulated money to influence American political campaigns should be reversed because it is giving unknown wealthy donors outsized influence in elections and imperiling the nation’s democracy. In a Senate floor speech Tuesday, Smith pressed for enactment of a constitutional amendment to reverse the Court’s Citizens United decision and outlined several other campaign finance reforms to restore fairness to the political process. You can download a video of Sen. Smith’s speech by clicking here. “The sharp rise of secretive, unregulated money in politics means that we
Sen. Tina Smith Introduces Bill to Allow Tribal Governments to Determine How Programs to Combat Hunger Best Serve Indian Country
WASHINGTON D.C. [06/12/18]—Ahead of this week’s first Senate consideration of the Farm Bill, Senator Tina Smith—a member of the Senate Agriculture Committee—introduced legislation to allow tribes in Minnesota and across the country to have more control over how federal hunger programs are administered in their communities. Sen. Smith said her measure would give tribal governments a more active role in the administration of the USDA’s vital Supplemental Nutrition Assistance Program (commonly known as SNAP). Her bill would help make sure SNAP is administered in a culturally-appropriate way that promotes the health and economic well-being of tribal communities. Federal programs to combat
English