Sen. Tim Scott and banking committee Republicans introduced a new bill known as the FIRM Act, which seeks to prevent ...

Senate Banking Committee Chair Tim Scott (R-S.C.) unveiled legislation Thursday taking aim at debanking. Debanking — the ...

Senator Tim Scott's FIRM Act targets debanking, eliminating reputational risk in financial institution regulation, and ...

The Republican senator argues using reputational risk in bank supervision is problematic because it’s not statutorily ...

The Financial Integrity and Regulation Management Act would stop prudential regulators from writing rules or guidance that ...

S.C., comments on his new bill to combat debanking, working with DOGE Chair Elon Musk and what it takes to get budget cutting efforts approved amid some agency criticism.

S.C., discusses President Donald Trump’s first cabinet meeting and how House Republicans are advancing his tax cut plan on ...

Senator Tim Scott introduces a bill to ban "reputational risk" from bank regulations, so as to not influence crypto and other ...

For Sen. Tim Scott of South Carolina, opportunity didn't come without a struggle. "To anyone who believes that opportunity ...

Sen. Tim Scott, who has become a fierce supporter of Donald Trump after dropping his own 2024 presidential bid in the fall, is angling to be selected as the 45th president’s second-in-command ...

South Carolina Sen. Tim Scott pledged to undo Biden-era regulations he says are harming the financial industry. He's starting by bringing back overdraft fees.