November 30, 2023
Following the Biden administration’s recent November 13 decision to extend an Iran sanctions waiver, Ranking Member Tim Scott (R-S.C.) today led his colleagues in a letter to Secretary of the Treasury Janet Yellen, Secretary of State Antony Blinken, and Secretary of Defense Lloyd Austin demanding answers over the administration’s lack of a cohesive Iran strategy. A disjointed strategy toward Iran signals that despite attacks on U.S. servicemembers and our allies, it is business as usual on the e… Continue Reading
November 30, 2023
Today, U.S. Senators Sherrod Brown (D-OH), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, Jack Reed (D-RI), a senior member of the Banking and Housing Committee, Elizabeth Warren (D-MA), and John Fetterman (D-PA) expressed strong support for the Federal Reserve’s efforts to strengthen the safety and soundness of the global systemically important banking organizations (GSIBs). In a letter to Federal Reserve Vice Chair of Supervision Michael Barr, the Senators urged the F… Continue Reading
November 30, 2023
At today’s Senate Committee on Banking, Housing, and Urban Affairs hearing with Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra, Ranking Member Tim Scott (R-S.C.) held the CFPB accountable for its abuse of enforcement powers and rulemakings driven by politics instead of policy, all of which continue to stifle innovation and harm American families and small businesses. In his opening statement, Ranking Member Scott noted that despite members calling on Chopra to reverse course, … Continue Reading
November 30, 2023
November 15, 2023
November 02, 2023
