Press Releases
Scott Joins Colleagues to Direct Offshore Energy Funds Back to the States, Help Strengthen Coastal Communities
Thursday | December 1, 2022This week, Senator Scott joined Senators Bill Cassidy (R-La.), Sheldon Whitehouse (D-R.I.), and 20 of their Senate colleagues as a cosponsor of the Reinvesting in Shoreline Economics and Ecosystems (RISEE) Act. The legislation would direct money generated from offshore wind projects back to the states nearest to those projects.
… Continue ReadingScott, Thune, Grassley & Senate Republican Colleagues Introduce Legislation to Hold the IRS More Accountable
Tuesday | November 22, 2022U.S. Sens. Tim Scott (R-S.C.), John Thune (R-S.D.), ranking member of the Subcommittee on Taxation and Internal Revenue Service (IRS) Oversight, and Chuck Grassley (R-Iowa), former chairman of the Senate Finance Committee and a current member of the Subcommittee on Taxation and IRS Oversight, recently led their Republican colleagues on the Senate Finance Committee in introducing the IRS Funding Accountability Act. The legislation responds to the Democrats’ use of the so-called “Inflation Reduction Act” (IRA) to infuse the IRS with $80 billion of new funding without any oversight measures to prevent waste, protect taxpayer rights, or measure improvements of service. The IRS Funding Accountability Act would give Congress a direct say in how this new funding could be spent, hold the IRS more accountable, and provide more transparency for the American people.
… Continue ReadingScott Joins Bipartisan Group Urging USDA to Give Farmers More Time to Comment on New Rule With Major Impact for Chicken Industry
Tuesday | November 22, 2022U.S. Senator Tim Scott (R-S.C.) joined Senators Chris Coons (D-Del.) and Roger Wicker (R-Miss.), co-chairs of the Senate Chicken Caucus, and 16 of their Senate colleagues urging the Secretary of the U.S. Department of Agriculture (USDA) to extend the time farmers have to comment on a proposed rule that would have a major impact on the poultry industry. Granting a 180-day extension, as the letter requests, would allow farmers and constituents to consider more carefully the new rule created through the Packers and Stockyards Act and provide the most substantive comments possible of the effects of the rule on the poultry, cattle, and hog industries.
… Continue ReadingScott and Coons’ Resolution Celebrating National College Application Month Passes in the Senate
Friday | November 18, 2022This week, the Senate unanimously passed Senators Tim Scott (R-S.C.) and Chris Coons’ (D-Del.) resolution designating November as National College Application Month. The bipartisan resolution encourages students to focus on their options for pursuing higher education and commends the parents, educators and mentors who partner in guiding them through the process.
… Continue ReadingScott and Rosen Introduce Israeli-American Heritage Resolution Recognizing Israeli-American Contributions
Friday | November 18, 2022This week, Senators Tim Scott (R-S.C.) and Jacky Rosen (D-Nev.) introduced a resolution recognizing Israeli-American contributions and condemning antisemitism. The bipartisan resolution introduced by the co-chairs of the Senate Caucus on Black-Jewish Relations condemns discrimination and violence faced by Israeli-Americans while recognizing their important cultural contributions to America.
… Continue ReadingScott, Daines, Colleagues Demand Nonpartisan Assessment of Democrats’ Reckless and Inflationary Spending
Thursday | October 27, 2022U.S. Senators Tim Scott (R-S.C.) and Steve Daines (R-Mont.), members of the Senate Committees on Finance and Banking, along with a group of their colleagues, sent a letter to the nonpartisan Congressional Budget Office (CBO) demanding a swift and thorough assessment of the short- and long-term effects of the Democrats’ reckless spending and inflationary policies on the nation’s fiscal future.
… Continue ReadingScott Applauds FHFA Efforts to Responsibly Expand Homeownership to More Americans
Tuesday | October 25, 2022U.S. Senator Tim Scott (R-S.C.) released a statement on this week’s announcement by Federal Housing Finance Agency (FHFA) Director Sandra Thompson that the Agency validated and approved both FICO 10T and VantageScore 4.0 for use by Fannie Mae and Freddie Mac (the GSEs) and will eventually require lenders to deliver both credit scores with each loan sold to the GSEs.
… Continue ReadingScott, Graham, Colleagues Raise Concerns Over Proposed NOAA Rule
Monday | October 24, 2022Senator Tim Scott (R-S.C.) joined Senators Lindsey Graham (R-S.C.), Richard Burr (R-N.C.), Thom Tillis (R-N.C.), Marco Rubio (R-Fla.), and Rick Scott (R-Fla.) in sending a letter to the National Oceanic Atmospheric Administration (NOAA) regarding a recently proposed change to the North Atlantic Right Whale (NARW) Vessel Strike Reduction Rule. In their letter, the senators argue the rule change would slow operations at the port, hurt sport fishers and boat manufacturers, and threaten the lives of harbor pilots.
… Continue ReadingScott, Finance Committee Republicans: IRS Requires Unbiased Oversight of Unprecedented Funding Boost
Friday | October 21, 2022U.S. Senator Tim Scott (R-S.C.), a member of the Senate Finance Committee, joined Ranking Member Mike Crapo (R-Idaho) and Finance Committee Republicans in sending a letter to Government Accountability Office (GAO) Comptroller General Gene Dodaro requesting an update on outstanding issues that GAO has previously advised the IRS to remedy. The senators note the IRS lacks substantive attention to oversight, transparency and accountability, raising the need for increased oversight by Congress and others. With roughly $80 billion in unbridled new funding, the IRS has no excuse for not addressing existing problems at the agency, including lack of taxpayer privacy protections in light of IRS data leaks.
… Continue ReadingScott, Tillis, and Colleagues Send Letter Seeking Answers on Changed PayPal Policy to Financially Punish Customers Over ‘Misinformation’
Thursday | October 20, 2022U.S. Senator Tim Scott (R-S.C.) joined Senator Thom Tillis (R-N.C.) and five of their Senate Republican colleagues in penning a letter to PayPal seeking answers over PayPal’s recent announcement of a policy intended to financially punish its own customers for expressing views which PayPal arbitrarily classifies as “misinformation.” Though PayPal ultimately rescinded the policy before it could go into effect, the senators “remain concerned about the processes and values in place at PayPal that allowed a policy such as this to move forward in the first place.”
… Continue ReadingScott, Cotton, Colleagues Call for Answers on Possible Double-Dipping Student Loan “Refunds” for Federal Employees
Friday | October 14, 2022U.S. Senators Tim Scott (R-S.C.) and Tom Cotton (R-Ark.), along with Sens. John Boozman (R-Ark.), Mike Braun (R-Ind.), Bill Cassidy (R-La.), Steve Daines (R-Mont.), Bill Hagerty (R-Tenn.), Mike Lee (R-Utah), Roger Marshall (R-Kan.), and Marco Rubio (R-Fla.), sent a letter to Education Secretary Miguel Cardona seeking answers about federal employees potentially receiving refunds for student loan payments that the federal government made on their behalf.
… Continue ReadingTim Scott Letter to PayPal: Financial Institutions Are Not Engineers of Social Policy
Wednesday | October 12, 2022Today, U.S. Senator Tim Scott (R-S.C.) wrote a letter to PayPal President and CEO Dan Schulman, following the company’s announcement that their policy fining users $2,500 for spreading “misinformation” was published by mistake. In the letter, Sen. Scott urges PayPal to disavow discrimination in the financial services industry and requests more information related to the development and publication of the erroneous policy.
… Continue ReadingSenator Scott Accepting Applications for Spring 2023 Internships
Wednesday | October 12, 2022U.S. Senator Tim Scott (R-S.C.) is now accepting applications for internships in his Washington, D.C., North Charleston, Columbia, and Greenville offices for the spring of 2023. The internship program offers undergraduate and graduate students the chance to work with public service professionals and gain practical experience in constituent services, government policy, and more.
… Continue ReadingScott, Graham, Colleagues Introduce Religious Education Week Resolution
Friday | October 7, 2022U.S. Senator Tim Scott (R-S.C.) joined Senator Lindsey Graham (R-S.C.) in introducing a resolution designating October 2 through October 8, 2022, as “Religious Education Week” to celebrate religious educational institutions and the options they provide to families seeking the best education for their children.
… Continue ReadingICYMI: Sens. Scott & Brown Op-Ed Urges Support for Bipartisan Legislation to Create a More Secure Financial Future
Thursday | October 6, 2022This week, U.S. Senators Tim Scott (R-S.C.) and Sherrod Brown (D-Ohio) penned an op-ed in The Hill explaining the importance of advancing their auto portability legislation, which will help all Americans establish a more secure financial future.
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Scott, HBCU Caucus Co-Chairs Urge FBI and DOJ to Help Protect HBCUs from Recent Bomb Threats
Tuesday | October 4, 2022Senator Tim Scott (R-S.C.), Senator Chris Coons (D-Del.), Representative French Hill (R-Ark.), and Congresswoman Alma Adams (D-N.C.) — co-chairs of the Congressional Historically Black Colleges and Universities (HBCU) Caucus — sent a letter to Department of Justice (DOJ) Attorney General Merrick Garland and Federal Bureau of Investigation (FBI) Director Christopher Wray. In their letter, the members urge the FBI and DOJ to provide additional information about the ongoing bomb threats against HBCUs, along with guidance outlining resources available for HBCUs to protect against these threats.
… Continue ReadingScott, Hagerty, Colleagues Lambaste Amalgamated Bank for Weaponizing Financial System to Infringe on Americans’ Second Amendment Rights
Tuesday | October 4, 2022United States Senator Tim Scott (R-S.C.), a member of the Senate Banking Committee, joined Senators Bill Hagerty (R-Tenn.), Tom Cotton (R-Ark.), and 23 colleagues in sending a letter to Amalgamated Bank President and Chief Executive Officer Priscilla Sims Brown, criticizing the bank’s manipulation of an international rules organization to force U.S. financial services firms to categorize gun purchases—an indefensible attempt to target law-abiding Americans exercising their right to purchase firearms and to enact far-left political goals.
… Continue ReadingScott, Toomey, Meijer Introduce Legislation to Bolster Americans’ Retirement Savings
Thursday | September 29, 2022U.S. Senators Tim Scott (R-S.C.) and Pat Toomey (R-Pa.) and U.S. Representative Peter Meijer (Mich.-03) today introduced the Retirement Savings Modernization Act to bolster Americans’ retirement savings by allowing workers to diversify assets included in defined contribution plans, such as 401(k) plans. This legislation will amend the Employee Retirement Income Security Act of 1974 (ERISA) to clarify that private sector retirement plan sponsors may offer plans, including both pensions and 401(k)s, that are prudently diversified across the full range of asset classes.
… Continue ReadingScott, Blumenthal Lead Effort to Improve Mental Health on College Campuses
Wednesday | September 28, 2022Today, U.S. Senators Tim Scott (R-S.C.) and Richard Blumenthal (D-Conn.) led a bipartisan group of six senators in introducing legislation to encourage higher education institutions to develop and implement comprehensive mental health and suicide prevention plans.
… Continue ReadingScott, Manchin Lead Bipartisan Effort to Designate September 2022 as National Childhood Cancer Awareness Month
Monday | September 26, 2022U.S. Senators Tim Scott (R-S.C.) and Joe Manchin (D-W.Va.) led a bipartisan resolution to designate September 2022 as National Childhood Cancer Awareness Month. This resolution recognizes the impact of cancer on the lives of children, urges stakeholders at every level of government to increase public awareness about the risks of cancer and reminds Americans of the bravery of children who are diagnosed with and recover from cancer.
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