WASHINGTON, June 2 -- Sen. Tim Scott, R-South Carolina, ranking member of the Senate Banking, Housing and Urban Affairs Committee, released the following opening statement from a hearing dated May 9, 2024, entitled "Consumer Protection: Examining Fees in Financial Services and Rental Housing": * * * Thank you, Mr. Chairman, and thank you to the witnesses for being with us today. At last week's hearing, we heard from my colleagues on the other side of the aisle that the high prices Americans a  more

WASHINGTON, June 2 -- Sen. Tim Scott, R-South Carolina, ranking member of the Senate Banking, Housing and Urban Affairs Committee, released the following opening statement from a hearing dated May 2, 2024, entitled "Higher Prices: How Shrinkflation and Technology Impact Consumers' Finances": * * * Thank you, Mr. Chairman, and thank you all for being here with us this morning. Listening to our Chairman, Democrats would have Americans believe that the economic pain they're feeling is caused by   more

WASHINGTON, June 2 -- Sen. Tim Scott, R-South Carolina, ranking member of the Senate Banking, Housing and Urban Affairs Committee, released the following opening statement from a hearing dated May 16, 2024, entitled "Oversight of U.S. Financial Regulators: Accountability and Financial Stability": * * * Thank you, Mr. Chairman. And thank you to the witnesses for being here today. There's no greater responsibility that we have as public servants to make sure that we represent the interests of th  more