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 ...

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

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

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

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.

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 ...

For Sen. Tim Scott of South Carolina, opportunity didn't come without a struggle. "To anyone who believes that opportunity ought not come with headwinds, I don't know where you live, but it ain't ...

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 ...