The free market economy was formed by financial innovation. It's the engine that continues to drive our economy today.
Tim Scott
The Public Record
Tim Eugene Scott is an American politician and businessman currently serving as the junior United States senator from South Carolina, a position he has held since January 2, 2013. He is a member of the Republican Party and was previously a United States Representative from May 5, 2011, to January 2, 2013. Scott is known for his focus on issues such as economic opportunity, education reform, and community development. He has been a vocal advocate for updating infrastructure and addressing the needs of senior citizens in his state.
As I noted in my opening statement, innovation can be a positive driver in expanding access to traditional financial services and can foster new, additional technologies that promote financial independence, access to credit, and capital…
We must hold companies that harm consumers accountable, but we must empower consumers through financial education.
Right now, the United States has the strongest and most enviable capital markets in the world.
If we foreclose financial innovation, we limit future generations from growth and opportunity.
If Chairman Gensler is going to take enforcement action, Congress needs to hear from him very soon.
Moving forward, we must take a thoughtful, bipartisan, and balanced approach that protects consumers and promotes innovation and opportunity.
Let us be clear. Had the SEC provided anything besides hostility to the crypto industry we may have been able to save investors from losing billions of dollars.
I've been calling for this hearing since February 14th, when this Committee held an oversight hearing on the FTX crypto crash.
we have to do more to close our southern borders, stop fentanyl from coming across the border
If we foreclose financial innovation, we limit future generations from growth and opportunity.
Let us be clear. Had the SEC provided anything besides hostility to the crypto industry we may have been able to save investors from losing billions of dollars.
If we foreclose financial innovation, we limit future generations from growth and opportunity.
I've been calling for this hearing since February 14th, when this Committee held an oversight hearing on the FTX crypto crash.
If Chairman Gensler is going to take action, enforcement action, Congress needs to hear from him very soon.
innovation can be a positive driver in expanding access to traditional financial services and can foster new, additional technologies that promote financial independence, access to credit, and capital formation.
Right now, the United States has the strongest and most enviable capital markets in the world.
If Chairman Gensler is going to take enforcement action, Congress needs to hear from him very soon.
This Administration likes to talk about the need for more affordable housing, but as we all know, talk is cheap and leads to empty promises.
if you have more burdens on the business of building homes, you have more burdens on the ability to achieve the American Dream, which, for most of us, is home ownership.
Threatening builders and housing providers with the possibility of rent control will only further increase the gap in housing supply.





