Latest Releases
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 and address disparities in access to capital. 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 small businesses, homeowners and housing developers. Their legislation—the CDFI Bond Guarantee Program Improvement Act 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 at no cost to taxpayer and allows CDFIs to access long-term, stable funding. The CDFI Bond Guarantee Program was established 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 be used for relatively large projects. “Unequal access to capital and financial services is a key driver of economic disparity around Minnesota,” 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.” “Since 2010, the Community Development Financial Institutions (CDFI) Bond Guarantee Program has extended long-term, low-cost capital to underserved communities across America,” said Sen. Crapo. “By reducing the minimum dollar amount for each loan,
U.S. Senator Tina Smith’s Statement on Trump Administration’s Move to Abandon Minneapolis Police Reform
WASHINGTON, D.C — Today, U.S. Senator Tina Smith (D-Minn.) issued the following statement on the Department of Justice’s decision to withdraw the federal consent decree with the Minneapolis Police Department: “I am deeply disturbed by the Trump administration’s decision to abandon the federal consent decree with the Minneapolis Police Department. This decree was based on the Justice Department’s own investigation, which found a pattern of unconstitutional and discriminatory policing practices that have hurt our community, especially Black and Native American people and people with mental illness, for decades. “It’s especially painful that this decision comes on the eve of the fifth anniversary of George Floyd’s murder—the very tragedy that sparked this investigation and the urgent push for reform. I led the call for that federal civil rights investigation because Minnesotans deserve accountability and reform. Walking away from this agreement, after confirming the need for it, is unconscionable. “Thankfully, the City of Minneapolis and Minnesota state leaders continue to stand on the side of justice. I’m grateful that the state-negotiated consent decree remains in place to continue working toward meaningful reform. The Minneapolis Police Department has taken steps in the right direction and is committed to continuing that work even as the federal government walks away. “Every Minnesotan deserves to be safe in their homes and neighborhoods, and that safety must include freedom from unconstitutional and discriminatory policing. This work isn’t finished yet, and we will keep holding ourselves accountable.”
U.S. Senator Tina Smith Celebrates Inclusion of C-130 Aircraft for Minnesota’s Air National Guard in National Defense Authorization Act
WASHINGTON, D.C. – Today, U.S. Senator Tina Smith released the following statement on the inclusion of her bipartisan amendment to mandate the United States Air Force maintain a minimum 271 C-130 aircraft, which will ensure that the Minnesota National Guard’s 133rd Airlift Wing maintains its flying mission. “Our C-130s are essential to Minnesota’s 133rd Airlift Wing and the Air Force’s capability to carry out their missions,” said Senator Smith.“Ensuring they maintain enough of these aircraft means stability for the men and women of Minnesota’s National Guard as they carry out their duties at home and overseas.” The C-130 aircraft is essential to carry out missions at home and overseas and are essential to the
U.S. Senators Tina Smith, Amy Klobuchar Introduce Legislation to Hold Postal Service Accountable for Delayed and Undelivered Mail
WASHINGTON, D.C. – This week, U.S. Senators Tina Smith and Amy Klobuchar (both D – MN) introduced legislation to improve the United States Postal Service’s (USPS) delivery tracking and accountability systems following concerning reports of serious mail delays across Minnesota. Congresswoman Angie Craig (D – MN2) introduced the bill in the House of Representatives in October. This legislation would address a serious issue at USPS—that they cannot accurately track when mail routes do not receive deliveries. A 2022 USPS Inspector General report found that the data USPS collects is based on self-reporting, which the investigation found to be consistently inaccurate. As
Senator Smith Takes to Senate Floor to Share How Childcare Crisis is Hurting Minnesotans, Urge Action from Congress
Washington, D.C. — U.S. Senator Tina Smith (D-MN) joined a number of her colleagues, led by Senator Patty Murray (D-WA), in speaking on the Senate floor about how the worsening childcare crisis is hurting families and local economies in every state—and stressing the need to address the crisis by acting on President Biden’s supplemental funding request to extend important stabilization funds. Joining Senators Smith and Murray were Senators Amy Klobuchar (D-MN), Tim Kaine (D-VA), Jeanne Shaheen (D-NH), Sheldon Whitehouse (D-RI), Chris Murphy (D-CT), Ron Wyden, (D-OR), Catherine Cortez Masto (D-NV), and Debbie Stabenow (D-MI). “Childcare is one of the top issues I hear about from Minnesotans. I hear from
Klobuchar, Smith Statements on Bipartisan Confirmation of Jeffrey Bryan to be U.S. District Court Judge
WASHINGTON – U.S. Senators Amy Klobuchar (D-MN), a member of the Senate Judiciary Committee, and Tina Smith (D-MN) issued the following statements after the Senate confirmed Jeffrey Bryan to serve as a United States District Court Judge for the District of Minnesota. Currently serving on the Minnesota Court of Appeals in Saint Paul, Judge Bryan was one of the candidates sent to President Biden by Klobuchar and Smith following the recommendation from a judicial selection committee. Judge Bryan will be the first Latino federal judge in Minnesota. “As a former federal prosecutor and a current appellate judge with over two
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