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Palmetto State News

Monday, November 4, 2024

News from February 2024

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Gov. Henry McMaster and Lt. Gov. Pamela S. Evette's Busy Schedules for the Week of February 20, 2024

By Palmetto State News | Feb 20, 2024

Gov. Henry McMaster, Lt. Gov. Pamela S. Evette, and First Lady Peggy McMaster have a packed schedule for the week of February 20, 2024. On Tuesday, February 20, Gov. McMaster attended a press conference for Century Aluminum in Columbia, South Carolina, while Lt. Gov. Evette provided the keynote address at the SC Biz Inaugural Empowering Women Recognition luncheon.In a press release, it was announced that Gov. McMaster will be attending the National Governors Association and Republican Governors Association’s winter meetings in Washington, D.C. from Wednesday, February 21...

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VA home loan amount averages $335,309 in South Carolina for Q4 2023

By Palmetto State News | Feb 20, 2024

The average VA loan amount in South Carolina during the fourth quarter of the fiscal year 2023 was $335,309, according to the Veterans Affairs Home Loans Index.

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Number of VA loans issued in South Carolina decreases by 38.7% from 2022 to 2023

By Palmetto State News | Feb 19, 2024

The U.S. Department of Veterans Affairs (VA) issued 13,383 home loans totaling $4.4 billion in South Carolina during the fiscal year 2023, according to the Veterans Affairs Home Loans Index.

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Average VA home loan amount in South Carolina falls in Q4 2023

By Palmetto State News | Feb 19, 2024

The average VA home loan amount in South Carolina during the fourth quarter of the fiscal year 2023 was $335,309, a 0.7% decrease from the previous quarter, according to the Veterans Affairs Home Loans Index.

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South Carolina ranks 10th in total VA home loans during Q4 2023

By Palmetto State News | Feb 19, 2024

South Carolina ranked 10th in VA home loans in the fourth quarter of 2023 with 3,602 loans issued, according to the Veterans' Affairs Home Loans Index.

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South Carolina ranked 29th in average VA home loan amount in Q4 2023

By Palmetto State News | Feb 17, 2024

With $335,309 in home loans issued, South Carolina ranked 29th in average loan amount for VA home loans in the fourth quarter of fiscal year 2023, according to the Veterans' Affairs Home Loans Index.

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VA issues fewer Interest Rate Reduction Refinance Loans in South Carolina in 2023 vs. 2022

By Palmetto State News | Feb 15, 2024

The VA issued 13,383 Interest Rate Reduction Refinance Loans in South Carolina during the 2023 fiscal year, totaling $4.4 billion, according to figures provided by the Veterans Affairs Home Loans Index.

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South Carolina ranked 10th among U.S. states in total VA home loans during 2023

By Palmetto State News | Feb 15, 2024

South Carolina ranked 10th in VA home loans in 2023 with 13,383 loans issued, according to figures provided by the Veterans Affairs Home Loans Index.

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VA Purchase Loans in South Carolina average $343,405 for Q4 2023

By Palmetto State News | Feb 15, 2024

The average VA Purchase Loan amount for South Carolina in the fourth quarter of fiscal year 2023 was $343,405, according to figures provided by the Veterans Affairs Home Loans Index.

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VA provides 13.2% fewer purchase loans in South Carolina for 2023 vs. 2022

By Palmetto State News | Feb 15, 2024

The number of VA purchase loans in South Carolina for 2023 was 10,598 and totaled $3.6 billion, according to figures provided by the Veterans Affairs Home Loans Index.

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Rep. May: ‘It is not surprising that a George Soros backed bill is moving through the South Carolina General Assembly'

By Palmetto State News | Feb 15, 2024

State Rep. Robert May III (R-Lexington) opposes Senate Bill 910 for its potential to restrict how lenders market their services to households, including which households can be targeted for loans.

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Senators Scott, Wicker, Cotton: President Biden has Authority to Use Military Force to Secure Release of American Hostages in Gaza

By Palmetto State News | Feb 14, 2024

U.S. Senators Tim Scott, Roger Wicker, and Tom Cotton have introduced a resolution highlighting that President Biden has the authority, under Article II of the Constitution, to use military force to secure the release of American hostages in Gaza. The resolution also urges President Biden to exercise this authority. The senators argue that at least six American hostages remain in Gaza, where Hamas continues to use innocent civilians as human shields.Senator Scott emphasized the urgency of the situation, stating, "On October 7, 2023, the world watched as Hamas inflicted...

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Gov. McMaster Signs ESG Pension Protection Act to Safeguard Retirees and Taxpayers

By Palmetto State News | Feb 14, 2024

COLUMBIA, S.C. – Governor Henry McMaster ceremonially signed H. 3690, the ESG Pension Protection Act, alongside members of the General Assembly. The bill, which received overwhelming bipartisan support, ensures that investment decisions made by the South Carolina Retirement System Investment Commission (RSIC) prioritize maximizing the highest rate of return for participants and beneficiaries, rather than being influenced by the environmental, social, and corporate governance (ESG) movement."South Carolina's economy continues to break records thanks to our conservative,...

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EnerSys to Expand Operations in South Carolina, Creating 500 New Jobs

By Palmetto State News | Feb 14, 2024

EnerSys, a global leader in energy storage systems and solutions, has announced its plans to expand its operations in South Carolina by establishing a new facility in Greenville County. With a $500 million investment, this expansion has the potential to create 500 new jobs.The company, which manufactures batteries, chargers, and power systems for various industries, including telecommunications, data centers, and transportation, has chosen Greenville County as an emerging hub for high-tech companies. EnerSys President and CEO, David M. Shaffer, expressed the company's...

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Senators Introduce Resolution Recognizing Genocide in Sudan

By Palmetto State News | Feb 13, 2024

U.S. Senators Tim Scott, Jim Risch, Ben Cardin, and Cory Booker have introduced a resolution in the Senate recognizing the actions of the paramilitary Rapid Support Forces (RSF) and allied militia in the Darfur region of Sudan as acts of genocide. The resolution aims to shed light on the horrific acts of terror being committed against non-Arab ethnic communities in Darfur.Senator Tim Scott expressed his concern over the Biden administration's refusal to acknowledge these atrocities as genocide, stating, "Civilians in Darfur are being raped and murdered in ruthless,...

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Senator Scott Opposes Supplemental Funding Bill

By Palmetto State News | Feb 13, 2024

U.S. Senator Tim Scott (R-S.C.) has expressed his opposition to the final passage of supplemental funding legislation. In a statement, Senator Scott emphasized his unwavering support for Israel and his commitment to providing the necessary resources for the country's defense against Hamas terrorists."I have always stood by our greatest ally in the Middle East, Israel, especially in the face of unspeakable atrocities at the hands of Hamas terrorists. And I have consistently supported providing Israel with the resources it needs to defend itself and defeat Hamas," stated...

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Senator Scott Applauds Passage of Resolution Celebrating Black History Month

By Palmetto State News | Feb 12, 2024

Feb 12, 2024WASHINGTON — U.S. Senator Tim Scott (R-S.C.) expressed his support and celebrated the Senate's passage of a bipartisan resolution commemorating Black History Month. The resolution recognizes the significant contributions made by Black Americans throughout the history of the United States."Black History Month is an opportunity to showcase how far we've come as a nation, to learn from the lessons of our past, and strive towards the creation of a more perfect union," said Senator Scott. "As we celebrate the resilience and contributions of Black Americans past...

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Gov. Henry McMaster's Upcoming Schedule Highlights for the Week of February 12, 2024

By Palmetto State News | Feb 12, 2024

Gov. Henry McMaster's upcoming schedule for the week of February 12, 2024, is packed with various engagements across South Carolina. On Tuesday, February 13, at 12:45 PM, Gov. McMaster will be speaking at the Governor's Conference on Tourism and Travel’s Annual Industry Awards Luncheon at the Westin Hilton Head Island Resort & Spa in Hilton Head Island.Moving on to Wednesday, February 14, at 9:30 AM, Gov. McMaster will be holding a ceremonial bill signing for the ESG Pension Protection Act at the Governor’s Office in Columbia. Later that day, at 1:00 PM, he will be...

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Senator Lindsey Graham Votes No on National Security Supplemental Appropriations Act

By Palmetto State News | Feb 12, 2024

WASHINGTON - U.S. Senator Lindsey Graham (R-South Carolina) announced today his decision to vote no on the National Security Supplemental Appropriations Act of 2024. In a statement, Senator Graham expressed his concerns about the bill and the need for a comprehensive solution to the border crisis.Senator Graham criticized the process leading up to the vote, stating, "This whole process has been a complete debacle. While I support the House-passed border security bill, they were unable to get any Democratic votes in the House, making it impossible to pick up 11 Democrats...

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Senator Scott Introduces Amendments to Bolster National Security, Prevent Terrorism

By Palmetto State News | Feb 11, 2024

U.S. Senator Tim Scott (R-S.C.) has introduced three amendments to the Ukraine-Israel-Taiwan funding package currently under consideration by the U.S. Senate. These amendments aim to strengthen national security and prevent terrorism.The first amendment proposed by Senator Scott focuses on border security. It calls for the construction of a border wall at the U.S.-Mexico border. Senator Scott believes that this is a critical step in addressing what he refers to as "the largest invasion in American history" happening through the southern border.The second amendment aims...