October 23, 2024
Today, Ranking Member Tim Scott (R-S.C.) hosted a virtual career development event for students at Historically Black Colleges and Universities (HBCUs) in South Carolina and across the country. During the event, students had the opportunity to join federal regulators and leaders from local and international financial services firms for a discussion on the importance of financial literacy and career pathways in the financial services industry.
Participants included:
Michelle Bowman, Board Mem… Continue Reading
October 09, 2024
Today, U.S. Sen. Sherrod Brown (D-OH), Chair of the Senate Banking, Housing and Urban Affairs Committee, offered his condolences to the family of former Senator Tim Johnson (D-SD) following the news that he passed away. Brown served on the Banking and Housing Committee with Johnson from 2007 to 2015, including under Johnson’s leadership as Chair of the Committee.
“Tim Johnson dedicated his life to public service. During our time together on the Senate Banking and Housing Committee, after the 20… Continue Reading
October 03, 2024
Ranking Member Tim Scott (R-S.C.) and fellow Senate Banking Committee member, Senator Mike Rounds (R-S.D.), are demanding answers following reports that the Federal Reserve Bank of New York (NY Fed) failed to implement basic anti-money laundering controls on account relationships with the Central Bank of Iraq, resulting in potentially billions of dollars flowing to Iran and its terror proxies. Ranking Member Scott and Senator Rounds called out the NY Fed and Federal Reserve System, organizations… Continue Reading
September 12, 2024
July 31, 2024
July 25, 2024