Press Releases
Senators Scott and Jones Call for Increased Guidance and Transparency on Loan Forgiveness for Small Businesses Relief Funds
Friday | May 1, 2020WASHINGTON– U.S. Tim Scott (R-S.C.) and Senators Doug Jones (D-Ala.) are calling for increased guidance on loan forgiveness for small businesses who have applied for grants under the Paycheck Protection Program (PPP) established by the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
… Continue ReadingScott Presses HHS To Ramp Up Testing in Long-Term Care Facilities
Wednesday | April 29, 2020North Charleston, SC – As reports from around the nation and world continue to show the danger of COVID-19 spread in long-term care facilities such as nursing homes, U.S. Senator Tim Scott (R-SC) today wrote letters to both U.S. Department of Health and Human Services (HHS) Secretary Alex Azar and South Carolina Governor Henry McMaster regarding testing plans for these providers and their patients.
… Continue ReadingScott, Cortez Masto Applaud FHFA Decision to Allow Federal Home Loan Banks to Accept PPP Loans as Collateral
Monday | April 27, 2020WASHINGTON – U.S. Senators Tim Scott (R-S.C.) and Catherine Cortez Masto (D-Nev.) applauded the decision by the Federal Housing Finance Agency (FHFA) to allow the nation’s eleven Federal Home Loan Banks to accept Payment Protection Program (PPP) loans as collateral on advances to their qualifying member banks. This move will allow small community banks to pledge PPP loans as collateral in order to obtain additional financing from the FHLBanks to make new loans to small business owners in their communities.
… Continue ReadingScott, Cortez Masto Applaud FHFA Decision to Allow Federal Home Loan Banks to Accept PPP Loans as Collateral
Monday | April 27, 2020WASHINGTON – U.S. Senators Tim Scott (R-S.C.) and Catherine Cortez Masto (D-Nev.) applauded the decision by the Federal Housing Finance Agency (FHFA) to allow the nation’s eleven Federal Home Loan Banks to accept Payment Protection Program (PPP) loans as collateral on advances to their qualifying member banks. This move will allow small community banks to pledge PPP loans as collateral in order to obtain additional financing from the FHLBanks to make new loans to small business owners in their communities.
… Continue ReadingSenator Scott Asks South Carolina to Share Good News
Thursday | April 23, 2020U.S. Senator Tim Scott (R-SC) is looking to partner with folks across South Carolina to highlight good news amidst the global COVID-19 pandemic.
… Continue ReadingScott Statement on Today’s Coronavirus Relief Package
Tuesday | April 21, 2020After the United States Senate unanimously passed a new coronavirus relief package this afternoon, U.S. Senator Tim Scott (R-SC) released the statement below. Details on the legislation follow the Senator’s quote.
… Continue ReadingScott, Carper, Menendez, Tillis Urge Chinese Officials to Adjust Export Restrictions Blocking Much-Needed COVID-19 Resources from Reaching the U.S.
Monday | April 20, 2020WASHINGTON – U.S. Senators Tim Scott (R-SC), Tom Carper (D-Del.), Bob Menendez (D-NJ) and Thom Tillis (R-NC) led a group of bipartisan senators in sending a letter to Chinese Ambassador Cui Tiankai expressing concerns about new requirements placed on coronavirus (COVID-19) testing kits and other medical supplies manufactured in China for export. The senators note that the broad restrictions have had the unintended consequence of blocking critical, high-quality medical products from reaching the United States in a timely manner.
Scott Joins Bipartisan Letter to HHS to Advocate for Relief for Senior Adult Communities and Health Care Workers
Thursday | April 16, 2020WASHINGTON – Senator Tim Scott (R-SC) joined a bipartisan letter with 26 Senators to Health and Human Services Secretary Alex Azar to ensure that as HHS sets guidelines for the Public Health and Social Services Emergency Fund (PHSSEF), they do not overlook the providers within nursing homes, skilled nursing centers, senior living communities, independent living, assisted living, memory care, and continuing care retirement communities who are devotedly caring for our nation’s seniors, as well as those with intellectual and developmental disabilities.
Senator Scott To Serve on Presidential Task Force on Reopening the Economy
Thursday | April 16, 2020CHARLESTON, SC – After talking with President Donald Trump this morning, U.S. Senator Tim Scott (R-SC) announced he will serve as a member of the President’s Task Force on reopening the economy. Scott released the following statement:
… Continue ReadingSenator Scott Joins Leader McCarthy for Wall Street Journal Op-Ed: Democrats Want to Gum Up Payroll Protection
Wednesday | April 15, 2020WASHINGTON – United States Senator Tim Scott (R-SC) joined House Republican Leader Kevin McCarthy (CA-23) in an op-ed published in The Wall Street Journal. The two members discussed the need for Congress to quickly replenish funds for the Paycheck Protection Program. The op-ed continued to explain that while Republicans stand ready to extend funding, Congressional Democrats continue to press for revisions that would make the program more costly, complicated and confusing for small businesses to receive their loans in a timely fashion.
… Continue ReadingSenator Scott Leads Colleagues in Effort to Preserve Insurance Industry
Friday | April 10, 2020WASHINGTON – U.S. Senator Tim Scott (R-SC) today joined fellow Senate Banking Committee members Mike Crapo (R-ID), Thom Tillis (R-NC), Mike Rounds (R-SD), Pat Toomey (R-PA), Ben Sasse (R-NE), and David Perdue (R-GA) in calling against proposals to fund recovery in other parts of the economy by changing business interruption (BI) insurance contracts that do not cover pandemics and viruses.
… Continue ReadingSenator Scott Joins Colleagues in Urging Action to Avoid Housing Finance System Crisis Amid Coronavirus COVID-19 Outbreak
Wednesday | April 8, 2020WASHINGTON – U.S. Senator Tim Scott (R-SC) today joined U.S. Senators Mark R. Warner (D-VA), Mike Rounds (R-SD), Thom Tillis (R-NC), Bob Menendez (D-NJ), Tim Kaine (D-VA), and Jerry Moran (R-KS) in calling for Financial Stability Oversight Council (FSOC) to take urgent and immediate action to avoid an impending crisis in the housing finance system due to the economic fallout of the novel coronavirus (COVID-19) outbreak.
… Continue ReadingScott Joins Bipartisan Group of Senators Calling on CMS to Address Medicare Program Interest Rates for Health Care Providers on Frontlines of Coronavirus Pandemic
Wednesday | April 8, 2020WASHINGTON – U.S. Senator Tim Scott joined a letter today with a bipartisan group of 32 senators, led by Senators Jeanne Shaheen (D-NH) and Senator Bill Cassidy (R-LA), calling on the Centers for Medicare and Medicaid Services (CMS) to waive or modify interest rates for health care providers who’ve sought financial assistance amid the coronavirus pandemic through Medicare’s Accelerated and Advance Payments Program. This program has historically been used to expedite Medicare payments to subsets of Medicare participating providers during very limited circumstances where there is disruption in processing or submission of claims for Medicare services.
… Continue ReadingScott Sends Letter to HHS Regarding Reporting On Racial Disparities And Coronavirus
Tuesday | April 7, 2020Charleston, SC – As initial reports from around the nation show COVID-19 is having a particularly harmful impact on communities of color, U.S. Senator Tim Scott (R-SC) wrote to U.S. Department of Health and Human Services Secretary Alex Azar tonight on the topic.
… Continue ReadingSCOTT, WARNER CO-LEAD BIPARTISAN LETTER TO HHS AND CMS
Friday | April 3, 2020WASHINGTON – U.S. Senators Tim Scott (R-SC) and Mark Warner (D-VA), members of the Senate Finance Committee, led a bipartisan letter to Secretary Azar and Administrator Verma encouraging both HHS and CMS to consider solutions to protect Medicare beneficiaries from high-risk settings and ensure safe access to care as we continue to work to combat COVID-19.
… Continue ReadingScott, Coons, Walker, Cleaver Call For April To Be National Month Of Prayer
Wednesday | April 1, 2020With COVID-19 modeling showing April will be a potentially devastating month across the nation, U.S. Senators Tim Scott (R-SC) and Chris Coons (D-DE) and U.S. Representatives Emanuel Cleaver (D-MO-05) and Mark Walker (R-NC-06) are calling for our country to come together in non-denominational, private, and voluntary prayer at Noon every day.
… Continue ReadingScott Statement On Pelosi Fighting For Millionaires During Pandemic
Tuesday | March 31, 2020Yesterday, it came to light House Speaker Nancy Pelosi thinks the next round of Coronavirus relief legislation should include a “full rollback of the limit on the state and local tax deduction (SALT).” Estimates show that if this change were instituted, more than half of the dollars would go to millionaires, and nearly all would go to those making more than $200,000 a year. U.S. Senator Scott (R-SC) released the following statement:
… Continue ReadingScott Votes For Coronavirus Relief Package
Wednesday | March 25, 2020U.S. Senator Tim Scott (R-SC) released the statement below after voting for a massive coronavirus relief package in the United States Senate today. A summary of the bill’s major provisions follows the Senator’s quote.
… Continue ReadingSenator Scott Delivers Coronavirus Speech on Senate Floor
Tuesday | March 24, 2020U.S. Senator Tim Scott (R-SC) delivered a floor speech explaining the dire needs of the American people during the coronavirus outbreak:
… Continue ReadingSenator Scott Sends Letter to State Department to Expedite Safe Return of Americans Stuck Overseas due to COVID-19
Friday | March 20, 2020U.S. Senator Tim Scott (R-SC) today sent a letter to the U.S. Department of State asking officials to expedite the safe return of Americans stuck in other countries due to the COVID-19 outbreak.
… Continue Reading