WASHINGTON, March 18 -- Sen. Tim Scott, R-South Carolina, chairman of the Senate Banking, Housing and Urban Affairs Committee, issued the following news release on March 17, 2025: * * * Scott Statement on Michelle Bowman's Nomination to Serve as Federal Reserve Vice Chair for Supervision Washington, D.C. - Senate Banking Committee Chairman Tim Scott (R-S.C.) released the following statement after President Trump announced the nomination of Michelle Bowman to serve as Vice Chair for Supervisio  more

WASHINGTON, March 15 -- Sen. Lindsey Graham, R-South Carolina, issued the following floor remarks on March 13, 2025: * * * Madam President, section 251 of the Balanced Budget and Emergency Deficit Control Act of 1985, BBEDCA, establishes statutory limits on discretionary spending and allows for various adjustments to those limits. In addition, sections 302 and 314(a) of the Congressional Budget Act of 1974 allow the chairman of the Budget Committee to establish and revise allocations, aggregat  more