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Palmetto State News

Friday, November 22, 2024

Sen. Scott calls for Biden Administration to increase their protection of consumers impacted by fraud

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Tim Scott | Senate.gov

Tim Scott | Senate.gov

Senator Tim Scott (R-SC) calls for the federal government to increase their protection of American citizens against the growing threat of fraud. He specifically called for protection over the elderly population. 

“The impact of financial scams – especially on our senior citizens – is undeniable,” Scott said during a hearing. “Having been the Ranking Member on the Aging Committee, we’ve had many, many hearings about the devastation of retirement savings lost. Lives changed. Grandmothers looking for a place to call home – moving back in with their kids or their grandkids.”

“Instead of targeting Americans for purchasing bibles or shopping at the Bass Pro Shops, our government should focus on doing its job – protecting our families and prosecuting actual criminals, including those behind financial scams.”

U.S. Senator Tim Scott is a native of North Charleston. He is an alum of Presbyterian College Charleston Southern University. He was first elected to the Senate in 2013. Scott is a Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs. 

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