releases: https://www.scott.senate.gov/media-center/press-releases/ranking-member-scott-presses-bank-leaders-on-real-world-impacts-of-bidens-regulatory-agenda/
Data license: MIT · Data source: dwillis/congress-press
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| https://www.scott.senate.gov/media-center/press-releases/ranking-member-scott-presses-bank-leaders-on-real-world-impacts-of-bidens-regulatory-agenda/ | Ranking Member Scott Presses Bank Leaders on Real-World Impacts of Biden’s Regulatory Agenda | 2023-12-06 | 2023 | 2023-12 | Republican | Senate | SC | Tim Scott | S001184 | www.scott.senate.gov | timscott | https://www.scott.senate.gov/media-center/press-releases/jsf/jet-engine:press-list | scraper | WASHINGTON — At today’s Senate Committee on Banking, Housing, and Urban Affairs hearing with the leaders of the eight Global Systemically Important Banks (G-SIBs) headquartered in the U.S., Ranking Member Tim Scott (R-S.C.) pressed the leaders of the institutions on the impact of the Biden administration’s burdensome regulatory agenda on their businesses and, in turn, the Americans they serve. Ranking Member Scott has continued to highlight the negative effects of these proposals, particularly the Basel III Endgame proposal, that will limit the availability of credit for housing, severely restrict lending for small businesses, and cut into the retirement savings of hard-working Americans. Ranking Member Scott also asked the bank CEOs about their experiences with the regulators that supervise them. Since the spring bank failures, Ranking Member Scott has been critical of financial regulators, and recent reports of a toxic work environment at the Federal Deposit Insurance Corporation (FDIC) and a repeated focus on partisan climate policies raise additional questions about the agencies’ conduct. Click here to watch Ranking Member Scott’s opening remarks. | 1 | 2026-03-30T01:40:41Z | 2026-04-06T18:56:20Z |