Latest Releases
U.S. Senators Amy Klobuchar, Tina Smith Announce Significant Biofuel and Clean Energy Expansion Projects Across Minnesota
INVER GROVE HEIGHTS, MN – Today, U.S. Senators Amy Klobuchar and Tina Smith (both D-MN), announced 71 farms and small businesses across Minnesota will receive federal funding to install clean energy technology and make energy efficiency improvements, in addition to 15 awards to build out the infrastructure businesses need to make domestic biofuels more accessible. These investments will lower Minnesota’s carbon emissions while saving consumers money on energy and gas. “Domestically produced biofuel and renewable power systems strengthen our energy independence, support our farmers, and boost rural economies,” said Senator Klobuchar. “These federal funds will also help families and businesses transition to clean energy, reducing their overall energy costs. And through the funding made possible by my bill with Senator Ernst, the Biofuel Infrastructure and Agricultural Product Market Expansion Act, Minnesotans will have better access to biofuels at local gas stations.” “The clean energy transition is happening, and I want us to lead it,” said Senator Smith. “As we make the switch to cleaner, cheaper energy, we need to make sure everyone benefits. That’s why we pushed to expand programs like REAP that help farmers and rural communities looking to install renewable energy systems or HBIIP, which helps businesses invest in the infrastructure they need to expand the use of biofuels. These grants will save farms and small businesses across Minnesota thousands of dollars per year in energy costs, and support producers who are the bedrock of our biofuel industry and reduce harmful emissions.” These projects are made possible through two programs, both of
Klobuchar, Smith, Finstad Resolution to Recognize Minnesota State University, Mankato’s Woman and Men’s Basketball Team Passes Senate
WASHINGTON—U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN) announced their resolution celebrating the Minnesota State University, Mankato Women’s and Men’s basketball teams’ winning the 2024 NCAA Division II Basketball National Championships passed the Senate. U.S. Representative Brad Finstad (R-MN) led companion legislation in the House of Representatives. “One school, two national championships, and a chapter in the Minnesota sports history books,” said Klobuchar. “This resolution recognizes the hard work and incredible accomplishments of the Mankato Maverick Basketball teams during the 2024 season. Congratulations to the players, coaches, staff, administrators and fans on a great season!” “I am so proud to see both of Minnesota State University, Mankato’s basketball programs bring home the Division II trophies,” said Smith. “These student-athletes dedicate countless hours to become the best at what they do, and it is wonderful to see their hard work paying off on the national stage.” “Congratulations to both the women’s and men’s basketball teams at Minnesota State University, Mankato, who have embodied southern Minnesota through their perseverance, dedication, and teamwork,” said Finstad. “To celebrate this achievement, I am honored to introduce this resolution congratulating both teams on behalf of our community in Minnesota’s First District.” Full text of the resolution is available HERE and below: Whereas, on March 29, 2024, the Minnesota State University, Mankato women’s basketball team (referred to in this preamble as the “women’s basketball team”) won the 2024 National Collegiate Athletic Association (referred to in this preamble as the “NCAA”) Division II women’s basketball national championship game against the Texas Woman’s University Pioneers by a
U.S. Senator Tina Smith on the Arrest of Sam Bankman-Fried
WASHINGTON, D.C. [12/13/22] — Today, U.S. Senator Tina Smith (D-Minn.) released the following statement in response to the arrest and indictment of Sam Bankman-Fried: “In this country, people are free to invest or bet their money however they want to. But they deserve to know that the market is fair and the rules protect them from bad actors, so they aren’t getting ripped off. “Looking at the charges brought against Sam Bankman-Fried, it’s hard not to conclude that he and his crypto organizations ran roughshod over the market rules protecting consumers. That’s flatly wrong and he needs to answer for what
Senators Klobuchar, Smith, and Representative Craig Announce Deadline Extension for Enrollment in 2023 Dairy Margin Coverage Program
WASHINGTON, D.C. [12/12/22] — U.S. Senators Amy Klobuchar, Tina Smith, and U.S. Representative Angie Craig (all D-MN) announced that the deadline for eligible farmers to enroll in the Dairy Margin Coverage (DMC) and Supplemental Dairy Margin Coverage (SDMC) programs has been extended. Eligible producers will now have until January 31, 2023 to enroll in the program. These programs help dairy producers manage the volatility of milk and feed price disparities. “The Dairy Margin Coverage program helps provide Minnesota’s dairy farmers with important stability and risk management tools that benefit our rural communities,” said Klobuchar. “This extended sign-up period will allow
Senators Smith, Warren Ask Key Regulators About Banking System’s Exposure to Crypto Risks after FTX Crash
Washington, D.C. – U.S. Senators Tina Smith (D-Minn.) and Elizabeth Warren (D-Mass.), members of the Senate Banking, Housing, and Urban Affairs Committee, sent letters to three key banking regulators raising concerns about the ties between the banking industry and crypto firms following FTX’s bankruptcy. The senators are asking each regulator, the Federal Reserve (Fed), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC), how they assess the banking system’s exposure to crypto risks. “(I)t appears that crypto firms may have closer ties to the banking system than previously understood,” wrote the senators. “Banks’
Senator Smith’s Bipartisan Legislation to Provide Transparency for Those Looking to Purchase Popular Long-Term Savings Vehicles Passes Senate
WASHINGTON, D.C. – Today, U.S. Senator Tina Smith (D-MN) announced her bipartisan legislation with Senator Thom Tillis (R-NC) to help provide transparency for consumers looking to purchase popular, long-term savings vehicles has passed the Senate. The bill would help ensure that investors considering purchasing Registered Index Linked Annuities (RILAs) get clear and direct information that promotes investor understanding. “It’s more important than ever for consumers to have clear and concise information about their investments,” said Smith. “This legislation would help consumers looking to purchase RILAs by providing clear information about their potential investments in terms that they are able to
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