Fortunately, Congress acted quickly to pass the CARES Act, putting much-needed cash directly into the hands of American workers.
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.
The U.S. economy was the strongest it has ever been, and strengthening every day.
This is a very interesting and important conversation, so I look forward to continuing it.
Not 'if' we are going to have another one but 'when' we have another one, are we going to be more resilient and better prepared?
I do think that the Flood Insurance Program is the reason why I raised the question in premiums collected versus benefits paid out or claims paid out.
Under the previous administration we saw unemployment rates at 3.5 percent, the lowest in more than a half a century.
I just wanted to make sure I was right. So when we were talking about the $4.5 billion coming in for business interruption, for a $1 trillion monthly claim, that is kind of hard to pay.
After seeing the mayhem in California unfold over this disastrous legislation, I don't see how anyone could support nationalizing the exact rule that was voted down by the people of California.
Thank you, Mr. Chairman, and I am sure that you all are aware of the fact that I spent some years in the insurance business with an Allstate franchise.
I'm deeply concerned by recent efforts to nationalize the so-called 'A-B-C' test for worker classification.
This Pro Act is not going to do anything for us, especially for the people that run this country.
the ABC test is not new . . . it's being done by half of the states in this country for the purpose of wage and hours and other benefits and unemployment insurance . . . so, what it does is codify that standard so that it would apply in…
The COVID-19 pandemic has had a disproportionate and devastating impact on communities of color.
We should start the conversation not when we are in our 50's or early 60's, but in our 20's.
American entrepreneurship and innovation is the backbone of the American economy. American entrepreneurs provide new job opportunities for millions, bring new technologies to the marketplace, and drive forward our shared American Dream…
It is important for us to recognize that financial literacy is critically important.
How important is this reform for those living in the underserved communities? How can we continue this progress?
You look for ways to hire folks who are very talented, who might have varying skill sets, different talents, but also different challenges to coming to the workforce.
That is fantastic. It allows you to transfer those resources or the benefits to your employees through the additional matching opportunities.
I would like to talk to Mr. Brooks about the importance of financial literacy for some portion of my time.
Far too many Americans living paycheck to paycheck, including vulnerable populations facing poverty, and some with disabilities, retirement seems out of reach.
We must find ways to eliminate the employment gap and the wage gap faced by people with disabilities and folks in communities of color.
If you do not have access to home ownership because of challenges, then you are going to see that wealth gap only increase.





