Senate Banking Committee Chairman Tim Scott has expressed his support for the nomination of Andrew Hughes as Deputy Secretary of the U.S. Department of Housing and Urban Development (HUD).
Senate Banking Committee Chairman Tim Scott (R-S.C.) has introduced the Financial Integrity and Regulation Management (FIRM) Act, a bill aimed at removing reputational risk as a component of federal supervision.
Chairman Tim Scott of South Carolina is spearheading a legislative effort to address the issue of debanking by introducing the Financial Integrity and Regulation Management Act.
Senate Banking Committee Chairman Tim Scott and House Financial Services Committee Chairman French Hill have emphasized the urgency of appointing a new Vice Chair for Supervision at the Federal Reserve.
U.S. Senator Tim Scott of South Carolina has outlined his plan to support underserved communities through legislative efforts, focusing on affordable housing, small business growth, and financial inclusion.
Senate Banking Committee Chairman Tim Scott and several colleagues have raised concerns over the European Union’s Corporate Sustainability Due Diligence Directive (CSDDD).
At a recent U.S. Senate Committee on Banking, Housing, and Urban Affairs hearing, Chairman Tim Scott underscored the importance of confirming President Trump's nominees for key economic policy and financial regulatory positions.
Senate Banking Committee Chairman Tim Scott and House Financial Services Committee Chairman French Hill have introduced Congressional Review Act resolutions to overturn a Consumer Financial Protection Bureau (CFPB) rule from the Biden administration.
Chairman Tim Scott of South Carolina convened a roundtable discussion with Senate Banking Republicans and leaders from major consumer banks to address concerns surrounding debanking and regulatory issues.
During a hearing on the Semiannual Monetary Policy Report to Congress, Senate Banking Committee Chairman Tim Scott emphasized the need for the Federal Reserve to avoid political influences and focus on creating an economy that benefits all Americans.
Senate Banking Committee Chairman Tim Scott issued a statement following the appointment of Rodney Hood as Acting Comptroller of the Currency by President Trump.
Senate Banking Committee Chairman Tim Scott recently held a meeting with Bill Pulte, the nominee for Director of the Federal Housing Finance Agency (FHFA).
At a Senate Banking Committee hearing, Chairman Tim Scott addressed the issue of debanking, emphasizing the importance of access to financial services.
Senate Banking Committee Chairman Tim Scott announced the formation of a bicameral working group aimed at establishing a regulatory framework for digital assets.