WASHINGTON, March 7 -- Sen. Tim Scott, R-South Carolina, chairman of the Senate Banking, Housing and Urban Affairs Committee, issued the following news release on March 6, 2025: * * * Banking Committee Advances Key Economic, Financial Regulator Nominees Washington, D.C. - Today, the Senate Banking Committee voted to advance the nominations of Stephen Miran to be Chairman of the Council of Economic Advisers, Jeffrey Kessler to be Under Secretary of Commerce for Industry and Security, William P  more

WASHINGTON, March 7 -- Sen. Tim Scott, R-South Carolina, chairman of the Senate Banking, Housing and Urban Affairs Committee, issued the following news release: * * * Scott Leads Effort to Combat Debanking Washington, D.C. - Building on his commitment to address debanking, Chairman Tim Scott (R-S.C.), is leading his fellow Banking Committee Republicans in introducing legislation to curtail the weaponization of federal banking agencies by eliminating the ability for regulators to use reputatio  more

WASHINGTON, March 8 -- Sen. Tim Scott, R-South Carolina, chairman of the Senate Banking, Housing and Urban Affairs Committee, issued the following news release on March 7, 2025: * * * Scott on the FIRM Act: "First Step in Ending Debanking" Washington, D.C. - This week, Senate Banking Committee Chairman Tim Scott (R-S.C.) introduced the Financial Integrity and Regulation Management (FIRM) Act, his legislation to remove reputational risk as a component of federal supervision. The bill, which is  more

WASHINGTON, March 7 -- Sen. Tim Scott, R-South Carolina, chairman of the Senate Banking, Housing and Urban Affairs Committee, issued the following news release on March 6, 2025: * * * Scott's Reputational Risk Legislation Receives Widespread Support Washington, D.C. - Today, Chairman Tim Scott (R-S.C.) introduced legislation to eliminate reputational risk as a component of regulatory supervision. By preventing regulators from being able to use reputational risk as a tool to discriminate again  more

WASHINGTON, March 8 -- The Senate Commerce, Science and Transportation Committee issued the following information for an executive session at 10 a.m. on March 12, 2025, at 253 Russell Senate Office Building: Agenda: * Nomination of Michael Kratsios, of South Carolina, to be Director of the Office of Science and Technology Policy * Nomination of Mark Meador, of Virginia, to be a Federal Trade Commissioner * S. 28, Informing Consumers about Smart Devices Act (Cruz) * S. 97, Securing Semicondu  more