On the recordMarch 27, 2023
President Biden's reckless spending caused this 40-year high in inflation, and the country, as well as the bank, experienced tremendous loss.
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congress.govEditor's note · Context
Tim Scott blames President Biden's spending for high inflation and banking losses.
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More from Tim Scott
Aug 15, 2026
“By going with [Dr. Abdul] El-Sayed, you’re talking about socialism, Marxism, communism, and someone who seems to just not like America,” Sen. Tim Scott, R-S.C., told Fox News Digital. “The only thing he’s not against, Hamas. He’s for…
Aug 13, 2026
There's no doubt Abdul El-Sayed represents the worst part of the Democrat Party, which is becoming, unfortunately, the most consistent voice coming out of the Democratic Party.
Jul 22, 2026
I have not seen and heard of an endorsement yet coming out of the White House.
Aug 21, 2026
There is still more work to do. We need rules that keep our financial system strong while making sure banks can lend, and our economy can grow.
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