Tim Scott

For the sake of the American taxpayer and the preservation of the free enterprise system, Congress should put the Export-Import Bank out of business.

You will carry out the letter of the law and the spirit of intent

On behalf of 10,629 folks in my State, we appreciate that.

The importance of opening the door for more financial experts to come into households and provide expertise... cannot be overemphasized.

Such a move would kill innovation, the same innovation that is opening up the market of 26 million credit-invisible Americans.

Equifax's negligence has been devastating for my constituents.

The Equifax breach is still catastrophic for so many in South Carolina.

So not simply a uniformity across the Nation, but also some teeth as it relates to what happens next once the consumer is informed.

The number is about 16 percent of South Carolinians who are today credit-invisible would become credit-visible and would show the responsible pattern that would allow them to own a home.

Things get complicated when a company is headquartered in New Jersey, does business in South Carolina, and is breached in Arkansas.

This was pure luck and nothing else.

I believe in the rule of law for everyone. I believe that you are innocent until proven guilty.

Equifax tells the public about the breach on September the 7th, which is 6 weeks later.

So the very next day after you were notified, your senior executives, including your CFO, sold $1.8 million, nearly $2 million of stock.

Your sales culture is not driven by the sales products. I think Senator Rounds can attest to the fact as another insurance guy that ultimately it is not the sales goals, it is not the product selection. It is the people.

Obviously, the entire Banking Committee is at least irritated by what we have uncovered and what you guys have discovered over time.

So half a million customers were enrolled in online bank payment, bill pay, without consent; 800,000 customers were charged for auto insurance without their knowledge.

A corrosive culture starts at the top, and then it seeps into the soil conditions.

If compliance of the North Korean regime flows through the actions of China, we should spend as much time delving into the relationship that we have with China to make sure that we do everything possible to control North Korea through that…

If we see continued evasion of our sanctions regimes, if we see banks not complying with their obligations to restrict this kind of activity, we will not hesitate to act.

The President's recent Executive order allowed Treasury and State to impose secondary sanctions on financial institutions.

If a denuclearization agreement is reached, how can we ensure that the Kim regime does not fool us again?

The last thing we need to do at this point is to find ways to get financial advisory experts out of the household.

Restricting access to professionals in the financial industry has a negative impact on the resources available to the average American for retirement.

The average South Carolinian has less than 1 year's salary in their retirement accounts.