Jobs and Economy

HYDE-SMITH COSPONSORS ‘RURAL JOBS ACT’

Bipartisan Bill Would Focus New Market Tax Credits toward Fighting Rural Poverty, Creating Jobs 

WASHINGTON, D.C. – U.S. Senator Cindy Hyde-Smith (R-Miss.) today cosponsored bipartisan legislation to put greater focus on using New Market Tax Credits (NMTC) to increase job-creating investments in rural communities.

The Rural Jobs Act (S.1671) would expand upon the U.S. Treasury Department program by designating $500 million in NMTC investments for “Rural...

WICKER, HYDE-SMITH PRAISE $2.4 BILLION AWARD TO BUILD LHA 9 AT INGALLS

Miss. Shipbuilders Will Build Large Deck Amphibious Assault Ship Critical for Future of Fleet

WASHINGTON, D.C. – U.S. Senators Roger Wicker (R-Miss.) and Cindy Hyde-Smith (R-Miss.) today praised the award of a $2.4 billion contract modification from the Department of the Navy to Ingalls Shipbuilding to construct LHA 9, a large-deck America-class amphibious assault ship.

“This is excellent news for both the fine...

WICKER, HYDE-SMITH PRAISE $6.1 MILLION INVESTMENT IN LOWNDES CO. PORT INFRASTRUCTURE

Miss. Senators Welcome Improvement for Columbus-based Internal Waterway 

WASHINGTON, D.C. – U.S. Senators Roger Wicker (R-Miss.) and Cindy Hyde-Smith (R-Miss.) today celebrated a $6.1 million U.S. Department of Transportation grant to improve infrastructure and expand capacity at the Lowndes County Port in Columbus.

The grant was issued by the Maritime Administration through the Port Infrastructure...

WICKER & HYDE-SMITH WELCOME $10.8 MILLION AWARD FOR GOLDEN MANUFACTURING

Department of Defense Continues Contract Work with North Miss. Small Business

WASHINGTON, D.C. – U.S. Senators Roger Wicker (R-Miss.) and Cindy Hyde-Smith (R-Miss.) today praised a $10.8 million contract award to Golden Manufacturing Co., Inc. in Tishomingo County to produce trousers for the U.S. Army and U.S. Navy.

The contract represents the continuation of Department of Defense contracts dating from 2019 for the...

HYDE-SMITH, COLLEAGUES URGE FTC TO COMPLETE INVESTIGATION OF PHARMACY BENEFIT MANAGERS  

Lawmakers Seek Commitment to Finish Probe into Schemes Linked to High Prescription Drug Costs

WASHINGTON, D.C. – U.S. Senator Cindy Hyde-Smith (R-Miss.) is part of a bipartisan effort to ensure the Federal Trade Commission completes an investigation of pharmacy benefit managers (PBMs) for potential market manipulation tactics and other anticompetitive practices that increase the cost of prescription drugs...