Tim Scott of South Carolina, opportunity didn't come without a ... "It is incredibly important for us to figure out how to unlock capital for disadvantaged communities," Scott explained. "My goal is ...
Sen. Tim Scott and banking committee Republicans introduced a new bill known as the FIRM Act, which seeks to prevent debanking decisions related to concerns over reputational risk.
Axios on MSN8d
Senate Banking advances Scott's debanking billThe Senate Banking Committee voted Thursday to advance legislation seeking to strike "reputational risk" from the toolkit of ...
Sen. Tim Scott, who has become a fierce supporter of Donald Trump after dropping his own 2024 presidential bid in the fall, ...
NewsNation on MSN15d
Tim Scott unveils bill targeting debankingDebanking — the closure of accounts that banks consider risky, often with little notice or explanation — has become a key issue for Republicans.
Senator Tim Scott, as Chairman of the Senate Banking Committee, has positioned the United States as a global leader in digital asset innovation.
Senator Tim Scott's FIRM Act targets debanking, eliminating reputational risk in financial institution regulation, and curbing political agendas.
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