Press Releases
As Inflation Soars, Scott Stands Up For Farmers and Ranchers
Thursday | December 23, 2021WASHINGTON – U.S. Senator Tim Scott (R-S.C.) joined Senate Agriculture Committee Ranking Member John Boozman (R-Ark.), Senator John Thune (R-S.D.), and several of their colleagues in urging federal financial regulators to provide community banks, credit unions, and Farm Credit institutions with the regulatory flexibility they need to responsibly work with their agriculture clients as the profit margins of farmers and ranchers shrink from higher input costs. The senators are also requesting that federal financial regulators monitor how inflation and inflationary-related pressures are affecting the agriculture industry and, in turn, the community financial institutions that serve it.
… Continue ReadingScott, Finance Republicans Demand Treasury Analysis of OECD Agreement
Wednesday | December 22, 2021WASHINGTON – U.S. Senator Tim Scott (R-S.C.), along with Finance Committee Ranking Member Mike Crapo (R-Idaho) and all other Senate Finance Committee Republicans, wrote to Treasury Secretary Janet Yellen renewing requests for information regarding international tax negotiations. To date, the Department of the Treasury (USDT) has been unwilling or unable to fully engage with Congress to provide details on the negotiations, which will have a significant impact on American workers, businesses and revenue.
… Continue ReadingScott Joins Colleagues in Filing Amicus Brief in Pending Clean Air Act Supreme Court Case
Monday | December 20, 2021WASHINGTON — U.S. Senator Tim Scott (R-S.C.) today joined 47 senators and 45 House members—including Senate Environment and Public Works (EPW) Committee Ranking Member Shelley Moore Capito (R-W.Va.) and House Energy and Commerce Committee Republican Leader Cathy McMorris Rodgers (R-Wash.)—in filing an amicus curiae brief in the U.S. Supreme Court in support of the petitioners in the pending case West Virginia, et al. v. Environmental Protection Agency (EPA).
… Continue ReadingSenator Scott, Banking Republicans Call on President Biden to Rebuke FDIC Coup Attempt
Friday | December 17, 2021WASHINGTON – U.S. Senator Tim Scott (R-S.C.) and fellow Senate Banking Committee Republicans are calling on President Joe Biden to rebuke Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra and Federal Deposit Insurance Corporation (FDIC) Director Marty Gruenberg for their illegitimate attempt to violate the FDIC’s 88-year tradition of working independent from partisan political influence. In a letter, the senators also urged President Biden to immediately replace Director Gruenberg—whose term expired three years ago and is serving in a temporary capacity—and nominate an individual to fill the vacant Republican seat on the FDIC board.
Senators Scott and Hassan Introduce Bill to Expand Educator Tax Deduction
Friday | December 17, 2021WASHINGTON – Today, U.S. Senators Tim Scott (R-S.C.) and Maggie Hassan (D-N.H.) introduced a bill to extend the educator Expense Tax Deduction to K-12 athletic coaches and administrators. This bill will amend the tax code to allow K-12 coaches to be classified as "eligible educators" in order to be eligible for tax deductions for out-of-pocket expenses relating to instructional expenses.
… Continue ReadingSenator Scott, Representative Norman Lead Effort to Protect Faith-Based Child Welfare Providers
Thursday | December 16, 2021WASHINGTON – Today, U.S. Senator Tim Scott (R-S.C.) and Representative Ralph Norman (R-S.C.) led a bicameral letter to Health and Human Services (HHS) Secretary Xavier Becerra, condemning HHS’s recent reversal of protections for faith-based adoption and foster care agencies.
… Continue ReadingScott Calls Out Democrats’ Destructive Child Care Proposals at Press Conference
Wednesday | December 15, 2021WASHINGTON – Today, U.S. Senators Tim Scott (R-S.C.) and Richard Burr (R-N.C.) led their Republican colleagues at a press conference calling out the destructive child care proposals in the Democrats’ reckless spending bill.
… Continue ReadingICYMI: Scott Talks Inflation, Blasts Dems’ Spending on America’s Newsroom
Wednesday | December 15, 2021WASHINGTON – Today, U.S. Senator Tim Scott (R-S.C.) joined Bill Hemmer and Dana Perino on Fox News’s “America’s Newsroom.” Sen. Scott slammed the Democrats’ reckless spending, which has driven inflation to a record high, and he discussed how to combat America’s rising prices.
… Continue ReadingSenator Scott Statement on Passage of the National Defense Authorization Act
Wednesday | December 15, 2021WASHINGTON – U.S. Senator Tim Scott (R-S.C.) released the following statement on his vote to pass the National Defense Authorization Act (NDAA).
… Continue ReadingSenator Scott Questions FDA Nominee on the Future of mRNA and CRISPR Technologies
Tuesday | December 14, 2021WASHINGTON – Today, U.S. Senator Tim Scott (R-S.C.) questioned Dr. Robert Califf, President Biden’s nominee for Food and Drug Administration (FDA) Commissioner, on the future of mRNA and CRISPR technologies and their potential to treat and cure rare diseases like Sickle Cell Anemia.
… Continue ReadingScott, Colleagues Introduce Bill to Prevent Democrats’ Big Government Lending Scheme
Tuesday | December 14, 2021WASHINGTON – Today, U.S. Senators Tim Scott (R-S.C.) and John Kennedy (R-La.), along with Republican colleagues, introduced the Protecting Access to Credit for Small Businesses Act. The bill is designed to prevent Democrats from turning the Small Business Administration (SBA) into a direct lender, as they are attempting to do in their tax-and-spend reconciliation bill.
… Continue ReadingSenate Passes Scott, Booker Resolution Raising Sickle Cell Awareness
Tuesday | December 14, 2021WASHINGTON – This week, the U.S. Senate unanimously passed U.S. Senators Tim Scott (R-S.C.) and Cory Booker’s (D-N.J.) resolution designating September as Sickle Cell Disease (SCD) Awareness Month.
… Continue ReadingSenator Scott Statement on CFPB Director Chopra's Attempted Political Power Grab
Friday | December 10, 2021WASHINGTON – U.S. Senator Tim Scott (R-S.C.) released the following statement on Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra and Federal Deposit Insurance Corporation (FDIC) Board Member Martin Gruenberg's attempt to politicize the FDIC by circumventing Chairwoman Jelena McWilliams.
… Continue ReadingScott Joins Colleagues on Legislation to Prevent Settlement Payments for Illegal Immigrants
Thursday | December 9, 2021WASHINGTON – U.S. Senator Tim Scott (R-S.C.) joined Senator Thom Tillis (R-N.C.) and 28 Senate colleagues in sponsoring the Protect American Taxpayer Dollars from Illegal Immigration Act, to prevent settlement payments for individuals who crossed the U.S. border illegally.
… Continue ReadingScott Statement on Vote to Reject President Biden’s Vaccine Mandate
Wednesday | December 8, 2021WASHINGTON – Today, U.S. Senator Tim Scott (R-S.C.) released the following statement after voting for the Congressional Review Act resolution, to formally oppose President Biden’s vaccine mandate on private businesses.
… Continue ReadingScott Decries President Biden’s Vaccine Mandate at Press Conference
Wednesday | December 8, 2021WASHINGTON – Today, U.S. Senator Tim Scott (R-S.C.) joined his Republican colleagues at a press conference to decry President Biden’s vaccine mandate. In his remarks, Senator Scott highlighted the mandate’s harmful effects on public safety.
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Scott, Colleagues Hold Roundtable on Dems' Harmful Child Care Proposals
Wednesday | December 1, 2021WASHINGTON – Today, U.S. Senator Tim Scott (R-S.C.), along with Senators Richard Burr (R-N.C.) and Susan Collins (R-Maine), held a roundtable with child care providers from around the country to hear their concerns about the negative impact the Democrats' reckless spending bill would have on child care workers and families.
… Continue ReadingSenator Scott Calls Out Harms of Dem Spending, Inflation, IRS Proposal at Banking Hearing
Tuesday | November 30, 2021WASHINGTON – Today, Senator Tim Scott (R-S.C.) had spirited exchanges with Fed Chairman Jerome Powell and Treasury Secretary Janet Yellen at a hearing for the Senate banking committee. Senator Scott highlighted the impact of persistent, surging inflation on the most vulnerable Americans resulting from out-of-control Democrat spending and called out the Biden administration for doubling down on their IRS bank reporting scheme.
… Continue ReadingSens. Scott, Ossoff Introduce Bipartisan Legislation to Boost National Security Opportunities for HBCU Students
Monday | November 29, 2021WASHINGTON — U.S. Senators Tim Scott (R-S.C.) and Jon Ossoff (D-Ga.) today introduced the bipartisan HBCU National Security Innovation Act, to help connect students at Historically Black Colleges and Universities (HBCUs) with national security and innovation programs in the defense industry and private sector.
… Continue ReadingSenator Scott Talks Financial Literacy in Axios Interview
Tuesday | November 23, 2021WASHINGTON – This week, U.S. Senator Tim Scott (R-S.C.) joined Axios’s Mike Allen for a discussion on financial literacy. Senator Scott described how growing up in poverty led him to champion financial literacy and credit access for all Americans.
… Continue Reading