Official account for Republican staff of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, led by Chairman @SenatorTimScott.
Washington, D.C.
Joined March 2013
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LIVE: Chairman @SenatorTimScott leads a full @BankingGOP Committee nomination hearing.
The Committee will consider the nominations of Jeremy Wiggins (Treasury), Matthew Jones (HUD), and David Slade and Michael Rigas (Export-Import Bank). xitter.cf/i/broadcasts/1pKkOXvql…
U.S. Senate Banking Committee GOP retweeted
This report is damning. Debanking Americans over faith or politics is simply un-American.
That’s why I led @BankingGOP to pass my FIRM Act out of committee to stop regulators from weaponizing “reputational risk.”
Expect to hear more from the Banking Committee on this important issue when Congress returns.
Under the leadership of @POTUS and @SecScottBessent, @USComptroller Jonathan V. Gould is ending the weaponization of finance. Read about the OCC’s supervisory review of debanking activities in its nine largest national banks and its efforts to guarantee fair banking for all Americans. occ.gov/FairBanking
ALT A person signs a document at a desk in an office setting, surrounded by three others standing in the background. An emblem for the Office of the Comptroller of the Currency is visible. The text reads, "Guaranteeing Fair Banking for All Americans.
Financial literacy is critical to financial independence and the American Dream.
On World Financial Planning Day, Chairman @SenatorTimScott remains committed to giving everyday Americans the tools to budget, save, invest, and build credit so they can climb the ladder of success.
U.S. Senate Banking Committee GOP retweeted
For a first-time homebuyer in Hanahan or a young family in Greer, owning a home is about building a future for their family.
Today, I asked what the Federal Housing Administration can do to make homeownership more affordable and attainable for families while also protecting taxpayers.
International trade and investment affect American jobs, energy security, and supply chains.
Chairman @SenatorTimScott highlighted those connections during consideration of Jeremy Wiggins’ @USTreasury nomination.
Housing affordability is central to Matthew Jones’s nomination to lead @FHAgov and @HUDgov’s Office of Housing.
Chairman @SenatorTimScott highlighted mortgage access, taxpayer protection, and implementation of the 21st Century ROAD to Housing Act.
.@EximBankUS needs a quorum to approve major financing transactions.
Chairman @SenatorTimScott discussed Michael Rigas’ nomination to EXIM’s board and what a functioning board means for American businesses competing for contracts overseas.
American businesses compete worldwide, including against companies backed by China.
Chairman @SenatorTimScott highlighted that challenge during the consideration of David Slade’s nomination to serve as @EximBankUS’ first vice president.
It shouldn’t take wealth to build wealth.
@SECGov’s proposal to expand the accredited investor definition aligns with Chairman @SenatorTimScott’s Empowering Main Street in America Act and would open more doors for everyday investors.
sec.gov/newsroom/press-relea…
Chairman @SenatorTimScott is grateful to @USDA and @HUDgov for implementing @SenatorRicketts’ Streamlining Rural Housing Act, a key part of the 21st Century ROAD to Housing Act that cuts duplicative red tape for rural housing.
WIN FOR NEBRASKA: @USDA and @HUDgov began implementing my bipartisan Streamlining Rural Housing Act.
The law targets duplicative reviews and inspections that can delay rural housing projects and aims to expand housing options for Nebraska families.
usda.gov/about-usda/news/pre…
U.S. Senate Banking Committee GOP retweeted
In April, I called for a full accounting of the egregious cost overruns from the Federal Reserve’s building renovation, and today, I welcome the Inspector General’s report.
Inflation does not change the Fed’s responsibility to manage its resources prudently and be accountable to Congress.
@BankingGOP will continue rigorous oversight to ensure the Fed is transparent and stays focused on its mission.
Fed watchdog finds ‘deficiencies’ in $2.5bn headquarters renovation project ft.trib.al/Vix31NT
NEW: The Senate has passed a bipartisan reauthorization of the Terrorism Risk Insurance Program, extending TRIA through 2034.
After unanimous Banking Committee approval, Chairman @SenatorTimScott helped advance it to give businesses, workers, and communities long-term certainty.
TRIA established shared responsibility between private insurers and the federal government for certain losses due to acts of terrorism.
At today’s executive session, Chairman @SenatorTimScott addressed how that structure works and the role of taxpayer protections.
.@SenSchumer led Senate Democrats in opposing the NDAA in July.
Now he is playing politics by calling for export control bills that were slated for inclusion in the Senate NDAA.
That record speaks for itself.
U.S. Senate Banking Committee GOP retweeted
Washington needs a reminder: we work for you. Public service means listening to the people we were elected to serve.
Thank you to the credit union volunteers who show up for their members and communities!
U.S. Senate Banking Committee GOP retweeted
Happy Birthday, Senator Scott! 🎉 🎂
The Team wishes you a bright and blessed year ahead!
🎥 ICYMI: Credit unions help open doors to homeownership, starting a small business, and achieving the American Dream.
At @AmericasCUs’ Congressional Caucus 2026, Chairman @SenatorTimScott highlighted why their mission matters to families and communities across America.
Credit unions deserve a seat at the table as financial technology evolves.
Chairman @SenatorTimScott is focused on making sure credit unions can benefit from innovation and that their members’ voices help shape the Banking Committee’s work.
Chairman @SenatorTimScott knows the credit union mission firsthand.
At @AmericasCUs' Congressional Caucus 2026, he highlighted his work to modernize board rules and his experience as a credit union board member and borrower.
📺 WATCH: Chairman @SenatorTimScott led a Banking Committee executive session to reauthorize the Terrorism Risk Insurance Program and advance four of @POTUS’ nominees to the CFPB, @CommerceGov, and @HUDgov.
U.S. Senate Banking Committee GOP retweeted
Before Congress, I ran an insurance business in South Carolina.
An insurance policy is about more than a piece of paper. It can mean reopening a business after an unimaginable terrorist attack or having a job to return to.
It's about protecting a lifetime of hard work.