November 22, 2024
Ranking Member Tim Scott (R-S.C.) released the following statement on President Trump’s nomination of Scott Turner to serve as Secretary of the Department of Housing and Urban Development (HUD):
“For too many Americans across the country, access to quality, affordable housing is out of reach. Federal housing policy has failed hardworking Americans for decades, and they deserve a different approach. I look forward to working with Scott Turner to put more Americans on the path towards homeownersh… Continue Reading
November 19, 2024
In response to Federal Deposit Insurance Corporation (FDIC) Chairman Martin Gruenberg’s announcement he will resign on January 19th, Ranking Member Tim Scott (R-S.C.) released the following statement:
“I’ve called on Martin Gruenberg to resign from the agency for almost a year - yet he’s continued to play politics at the expense of the FDIC’s employees. This announcement is long overdue, but Chairman Gruenberg’s decision to remain in office until the last minute demonstrates his failure to acce… Continue Reading
November 18, 2024
Ranking Member Tim Scott (R-S.C.) called on the Biden administration’s financial and housing regulators to cease all rulemaking activity and for President Biden to withdraw nominations before the committee. Ranking Member Scott also reminded the regulators to comply with federal retention laws and preserve documents, records, and communications.
In a letter to President Biden, Ranking Member Scott wrote, “On November 6th, Americans across the country rejected your administration’s radical econo… Continue Reading
September 12, 2024
July 31, 2024
July 25, 2024