Senate Banking, Housing, and Urban Affairs Committee
U.S. Government: Elected Officials | U.S. Congressional Committees
Recent News About Senate Banking, Housing, and Urban Affairs Committee
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Regulators take action to remove reputational risk following committee bill approval
Federal financial regulators are moving to eliminate reputational risk as a regulatory tool following the advancement of Chairman Tim Scott's legislation by the Senate Banking Committee.
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Senate votes to repeal CFPB overdraft price control regulation
The Wall Street Journal Editorial Board reported that the Senate has voted to rescind a price control rule on overdraft fees imposed by the Consumer Financial Protection Bureau (CFPB).
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Senate Committee hearing discusses the confirmation of Trump's nominees
At a recent nominations hearing held by the Senate Committee on Banking, Housing, and Urban Affairs, Chairman Tim Scott emphasized the significance of confirming nominees put forward by the former President, Donald Trump, to redirect economic...
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Senate moves to overturn Biden CFPB rule on bank overdraft fees
The Senate has taken action to repeal a rule from the Biden administration's Consumer Financial Protection Bureau (CFPB), which introduced new price controls on overdraft services offered by financial institutions.
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Scott and Hill discuss US role in crypto innovation at DC Blockchain Summit
Senate Banking Committee Chairman Tim Scott and House Financial Services Committee Chairman French Hill engaged in a discussion at the DC Blockchain Summit 2025, focusing on the future of digital assets regulation in the United States.
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Michelle Bowman nominated as vice chair for supervision at Federal Reserve
Senate Banking Committee Chairman Tim Scott has commented on the nomination of Michelle Bowman as Vice Chair for Supervision of the Board of Governors of the Federal Reserve System.
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Senate committee advances GENIUS and FIRM Acts focusing on stablecoins and debanking
In Washington, D.C., the U.S. Senate Committee on Banking, Housing, and Urban Affairs has advanced two significant pieces of legislation: the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act and the Financial...
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Senate committee discusses affordable housing crisis amid rising costs
At a recent U.S. Senate Banking, Housing, and Urban Affairs Committee hearing, Chairman Tim Scott (R-S.C.) emphasized the need for deregulation and local solutions to tackle the affordable housing crisis.
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Tim Scott supports Andrew Hughes's nomination as HUD deputy secretary
Senate Banking Committee Chairman Tim Scott expressed his support for the nomination of Andrew Hughes as Deputy Secretary of the U.S. Department of Housing and Urban Development (HUD).
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Bipartisan senators reintroduce updated GENIUS Act on stablecoin regulation
Senate Banking Committee Chairman Tim Scott has collaborated with Senators Bill Hagerty, Kirsten Gillibrand, Cynthia Lummis, and Angela Alsobrooks to introduce an updated version of the Guiding and Establishing National Innovation for U.S....
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Tim Scott introduces FIRM Act targeting debanking practices
Senate Banking Committee Chairman Tim Scott (R-S.C.) has introduced the Financial Integrity and Regulation Management (FIRM) Act, aiming to remove reputational risk from federal supervision.
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Senate Banking Committee advances key economic and financial regulator nominees
The Senate Banking Committee has moved forward with nominations for key economic and financial regulatory positions.
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Tim Scott introduces bill targeting reputational risk in banking regulations
Chairman Tim Scott (R-S.C.) has introduced new legislation aimed at removing reputational risk from regulatory supervision.
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Tim Scott introduces bill targeting 'debanking' practices in financial regulation
Chairman Tim Scott of South Carolina, leading the Senate Banking Committee Republicans, has introduced a bill aimed at addressing the issue of debanking.
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Republican leaders urge quick appointment for Federal Reserve Vice Chair
Senate Banking Committee Chairman Tim Scott and House Financial Services Committee Chairman French Hill have taken a step to address the vacancy for the Vice Chair for Supervision at the Federal Reserve Board.
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Senator Tim Scott outlines plans to boost opportunities for underserved communities
U.S. Senator Tim Scott has shared his views on increasing investment and opportunity in underserved communities through an op-ed published in Fox News.
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Senate committee reviews Trump's nominees for key economic positions
At a nominations hearing before the U.S. Senate Committee on Banking, Housing, and Urban Affairs, Chairman Tim Scott underscored the qualifications of President Trump's nominees for key economic policy and financial regulator positions.
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U.S. lawmakers express concerns over EU corporate sustainability directive
Senate Banking Committee Chairman Tim Scott and several other lawmakers have raised concerns about the European Union's Corporate Sustainability Due Diligence Directive (CSDDD).
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Tim Scott pushes $1 trillion investment plan during Black History Month
Chairman Tim Scott is focusing on increasing economic opportunities in underserved communities as part of Black History Month.
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Scott and Hill challenge CFPB overdraft fee cap with Congressional Review Act
Senate Banking Committee Chairman Tim Scott and House Financial Services Committee Chairman French Hill have introduced Congressional Review Act resolutions to overturn a Consumer Financial Protection Bureau (CFPB) rule from the Biden administration.