Tim Scott

What is the future of regional banking?

If you cannot stay on mission and enforce the laws as they already are on the books, how can you ask Congress for more authority with a straight face?

President Biden's reckless spending caused this 40-year high in inflation, and the country, as well as the bank, experienced tremendous loss.

Our regulators were simply asleep at the wheel.

It is time we proved them wrong--ignore corporate lobbyists, and put workers and their families first.

It is hard to believe the Biden administration seriously is concerned about the failure that we are seeing.

This is an important first step in providing transparency and accountability necessary to the American taxpayer.

If we would have had a better private sector engagement with quicker action from the Feds, I think we could have avoided the concept that rushed us to a decision, which was a concern of contagion, in part.

So you are suggesting that a private sector engagement would have increased the cost, not decreased the cost.

The FDIC's bid auction process has been a black hole for Congress and the American people--and we deserve answers.

By all accounts, this is a classic tale of negligence, and it started with the banks themselves.

Are you suggesting that the fact that the board had not approved the offer that was on the table was the primary reason why you turned down that offer?

The only thing missing in that COVID relief bill was COVID relief.

We may not always see eye to eye on a number of issues, but your availability was helpful in understanding and appreciating the actions of the administration.

The safety of our transit system is a major question and a major failure that we need to address.

One of the best decisions I made when I became a Senator was to go undercover and ride through mass transportation systems in my State

Those folks, because of the actions of the regulators and this Administration, will now be bailing out those who had balances of $5 million.

The special assessment fee that will be imposed upon banks could be as high as $220 billion.

The average person in our country has a bank balance of around $5,000.

The safety of our transit system is a major question and a major failure that we need to address.

The failure should be seen through the three prisms. One is the failure of the bank executives and the board.

The only thing missing in that COVID relief bill was COVID relief.

We may not always see eye to eye on a number of issues, but your availability was helpful in understanding and appreciating the actions of the administration.

The safety of our transit system is a major question and a major failure that we need to address.

The failure should be seen through the three prisms. One, is the failure of the bank executives and the board.