Friday - September 5, 2025
*South Carolina Editor Tipoffs Newsletter for Saturday July 19, 2025 ( 10 items )  

Bancshares of Carolina Eyes Expansion Through Holding Company Formation
WASHINGTON, July 18 (TNSFR) -- Bancshares of Carolina Inc., Manning, South Carolina, is seeking to establish itself as a bank holding company. This strategic move involves the acquisition of the Bank of Clarendon. The proposed formation and acquisition highlight a local private sector entity's efforts to grow its footprint and operations within the financial landscape. The notice serves to inform the public about applications submitted to the Board of Governors of the Federal Reserve System for  more

BLS Issues Report on State Employment and Unemployment - June 2025
WASHINGTON, July 19 (TNSLrpt) -- The U.S. Department of Labor's Bureau of Labor Statistics issued the following report (No. USDL-25-1152) on July 18, 2025, entitled "State Employment and Unemployment - June 2025": * * * Unemployment rates were lower in June in 2 states, higher in 1 state, and stable in 47 states and the District of Columbia, the U.S. Bureau of Labor Statistics reported today. Nineteen states and the District had jobless rate increases from a year earlier, 4 states had decrease  more

Blunt Rochester Joins Schiff, 30 Senate Colleagues in Effort to Protect Small Farmers
WASHINGTON, July 15 -- Sen. Lisa Blunt Rochester, D-Delaware, issued the following news release: * * * Blunt Rochester Joins Schiff, 30 Senate Colleagues in Effort to Protect Small Farmers This letter follows an announcement last week from the Trump administration seeking to undermine Proposition 12 and other state laws. * U.S. Senator Lisa Blunt Rochester (D-Del.) joined U.S. Senator Adam Schiff (D-Calif.) and 30 of their Senate colleagues in strongly objecting the inclusion of the "Food S  more

Chairman Scott: President Trump's Signature on GENIUS Act Delivers for the American People
WASHINGTON, July 19 -- Sen. Tim Scott, R-South Carolina, chairman of the Senate Banking, Housing and Urban Affairs Committee, issued the following news release on July 18, 2025: * * * Chairman Scott: President Trump's Signature on GENIUS Act Delivers for the American People Today, President Donald J. Trump signed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act - legislation Chairman Tim Scott (R-S.C.) co-sponsored and championed as it advanced through the Se  more

Congressman Norman Reintroduces Bill to Award Congressional Gold Medal to Heroes Behind Save Our Allies Evacuation Effort
WASHINGTON, July 19 -- Rep. Ralph Norman, R-South Carolina, issued the following news release on July 18, 2025: * * * Congressman Norman Reintroduces Bill to Award Congressional Gold Medal to Heroes Behind Save Our Allies Evacuation Effort Congressman Ralph Norman (SC-05) reintroduced the Save Our Allies Congressional Gold Medal Act, a bill to award one of the nation's highest civilian honors, the Congressional Gold Medal, to the brave Americans who risked their lives during the 2021 evacuati  more

Consumer Advocacy Groups Oppose CFPB Proposal to Restrict Civil Penalty Fund
WASHINGTON, July 18 -- The National Consumer Law Center and a coalition of consumer advocacy organizations have submitted a public comment letter to the Consumer Financial Protection Bureau regarding a proposed rule amending the Civil Penalty Fund Rule. The proposal seeks to remove the provision allowing the use of the fund for consumer education and financial literacy, prompting significant concern from advocates representing low-income clients. In their letter, the organizations emphasize the  more

ITC Halts Enforcement Following Settlement in Medical Device Dispute
WASHINGTON, July 18 (TNSFR) -- The International Trade Commission has decided not to review a ruling that grants a joint motion to end an enforcement action stemming from a settlement between private companies. This notice from ITC marks the termination of the enforcement proceeding concerning certain blood flow restriction devices with rotatable windlasses and their parts. The enforcement proceeding was initiated after Composite Resources Inc. Rock Hill, South Carolina, and North American Resc  more

Rep. Nancy Mace Secures 26 Major Legislative Wins In FY26 NDAA Markup In House Armed Services Committee
WASHINGTON, July 18 -- Rep. Nancy Mace, R-South Carolina, issued the following news release: * * * Rep. Nancy Mace Secures 26 Major Legislative Wins In FY26 NDAA Markup In House Armed Services Committee Congresswoman Nancy Mace (SC-01) secured 26 substantive amendments to the FY2026 National Defense Authorization Act (NDAA) during the House Armed Services Committee markup. Representative Mace's 26 adopted amendments, over double the committee average, underscores her leadership and results-d  more

S.C. Education Dept.: State Board of Education Approves Financial Takeover of Marlboro County School District
COLUMBIA, South Carolina, July 19 -- The South Carolina Department of Education issued the following news release on July 18, 2025: * * * State Board of Education Approves Financial Takeover of Marlboro County School District The South Carolina Department of Education (SCDE) has received formal approval from the State Board of Education to initiate a financial takeover of the Marlboro County School District (MCSD), effective immediately. The State Board made the decision during a Special Ca  more

Scott, Colleagues Introduce Rural Healthcare Bill
WASHINGTON, July 18 -- Sen. Tim Scott, R-South Carolina, issued the following news release: * * * Scott, Colleagues Introduce Rural Healthcare Bill * WASHINGTON -- This week, U.S. Senator Tim Scott (R-S.C.) was joined by Senators Tina Smith (D-Minn.), Cynthis Lummis (R-Wyo.) and Tim Kaine (D-Va.) in introducing legislation to reauthorize rural health outreach services programs that were signed into law under President Trump in 2020. The Improving Care in Rural America Reauthorization Act wou  more