In a latest development, Tim Scott Announces Banking Committee Priorities for the 119th Congress. On January 15, 2025, Chairman Tim Scott announced the legislative and oversight priorities for the U.S. Senate Committee on Banking, Housing, and Urban Affairs for the 119th Congress. Scott aims to focus on increasing financial inclusion and advancing opportunities for Americans nationwide.

“My goal for this Congress is simple: make America work for Americans. Over the last two years, we’ve led comprehensive solutions to serious challenges Americans face—from addressing our failed federal housing policies to increasing access to capital to bolstering our economic national security—and we can build on this success,” Scott remarked.

Scott expressed his eagerness to collaborate with the Trump administration and committee colleagues in the 119th Congress to reach consensus and develop solutions that enhance financial inclusion and create opportunities nationwide. “The American people gave Congress a mandate – let’s get to work,” Scott added. 

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