📺 WATCH: Chairman @SenatorTimScott led a Banking Committee executive session to reauthorize the Terrorism Risk Insurance Program and advance four of @POTUS’ nominees to the CFPB, @CommerceGov, and @HUDgov.

.@SenSchumer led Senate Democrats in opposing the NDAA in July. Now he is playing politics by calling for export control bills that were slated for inclusion in the Senate NDAA. That record speaks for itself.

Washington needs a reminder: we work for you. Public service means listening to the people we were elected to serve. Thank you to the credit union volunteers who show up for their members and communities!

Happy Birthday, Senator Scott! 🎉 🎂 The Team wishes you a bright and blessed year ahead!

🎥 ICYMI: Credit unions help open doors to homeownership, starting a small business, and achieving the American Dream. At @AmericasCUs’ Congressional Caucus 2026, Chairman @SenatorTimScott highlighted why their mission matters to families and communities across America.

Credit unions deserve a seat at the table as financial technology evolves. Chairman @SenatorTimScott is focused on making sure credit unions can benefit from innovation and that their members’ voices help shape the Banking Committee’s work.

Chairman @SenatorTimScott knows the credit union mission firsthand. At @AmericasCUs' Congressional Caucus 2026, he highlighted his work to modernize board rules and his experience as a credit union board member and borrower.

Before Congress, I ran an insurance business in South Carolina. An insurance policy is about more than a piece of paper. It can mean reopening a business after an unimaginable terrorist attack or having a job to return to. It's about protecting a lifetime of hard work.

Jeffrey Ledbetter was nominated by @POTUS to serve as @HUDgov's Inspector General. Chairman @SenatorTimScott emphasized the office’s role in providing independent oversight and accountability for the department’s operations.

Abby Warren was nominated by @POTUS to oversee export administration at @CommerceGov. Chairman @SenatorTimScott underscored that the role is crucial to protecting sensitive American technology, national security, and U.S. leadership in artificial intelligence.

Brian Johnson was nominated by @POTUS to lead the CFPB. Chairman @SenatorTimScott outlined three expectations if he is confirmed: fight fraud and abuse, respect the law, and preserve access to affordable credit.

TRIA established shared responsibility between private insurers and the federal government for certain losses due to acts of terrorism. At today’s executive session, Chairman @SenatorTimScott addressed how that structure works and the role of taxpayer protections.

The Terrorism Risk Insurance Program expires in 2027. Chairman @SenatorTimScott discussed reauthorization at today’s executive session, noting that insurance contracts, construction projects, and commercial loans are planned years in advance.

The House-passed package includes a five-year extension of the Iran Sanctions Act, ensuring @USTreasury has the authorities it needs to target Iran’s energy and weapons sectors. Chairman @SenatorTimScott led the bipartisan legislation to extend these authorities.

Today, nearly all Senate Republicans voted to advance the Clarity Act, but the motion fell short because of Senate Democrats. We moved the ball forward, and now it’s time for the @SECGov and @CFTC to set clear rules of the road for digital assets until Congress legislates. My focus remains on single moms and Americans living in poverty, like I did growing up. I’ll keep working to protect their hard-earned money and keep the future of finance here in America.

Passing the Clarity Act means clear rules, stronger consumer protection, and more American innovation. Let’s get it done - not for us, but for our country. 🇺🇸

Democrats have stood in the way of making life more affordable by voting against no taxes on tips, overtime, and Social Security. Today, they have another chance to stick up for hardworking Americans and expand opportunity by voting for the Clarity Act.

🏡 AFFORDABILITY: On @FoxBusiness, Chairman @SenatorTimScott discussed how his 21st Century ROAD to Housing Act expands supply, supports new construction, and tackles the costs standing between families and homeownership. The goal: make the American Dream more attainable.

Chairman @SenatorTimScott to @RiggsReport: “Rules of the road matter today.” Senate Banking Committee Chairman Tim Scott told @FoxBusiness how the Clarity Act will protect Americans’ hard-earned money, keep innovation in the United States, and strengthen our national security.

📺 WATCH: Today on @FoxBusiness, Chairman @SenatorTimScott discussed the upcoming procedural vote on the Clarity Act and its role in continuing negotiations over digital asset market structure.