Sen. Tim Scott knows how hard it is for many Americans. He grew up poor, raised by a single mother. That taught him people ...

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 ...

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

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

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.

Sen. Tim Scott is the longest-serving Black senator in U.S. history, and the first Black chair of a standing Senate committee ...

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

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

Senate Banking Committee Chair Tim Scott (R-S.C.) unveiled legislation Thursday taking aim at debanking. Debanking — the closure of accounts that banks consider risky, often with little notic ...

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