U.S. Senate Banking Committee GOP (@BankingGOP) on X (original) (raw)

Official account for Republican staff of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, led by Chairman

@SenatorTimScott

.

• Pinned
  
  Today, Chairman
  @SenatorTimScott
  led Banking Committee Republicans and Democrats in a historic bipartisan markup to advance to Clarity Act, legislation that will establish clear rules of the road for digital assets.
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  Chairman
  @SenatorTimScott
  knows the United States cannot afford to cede its technological advantage to China. America’s leadership in AI is critical to our national security. To stay ahead of our adversaries, America must foster innovation, strengthen trusted U.S. technology
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  The next generation of economic growth will be driven by innovation, not bureaucracy. Roughly 20% of American small businesses are already using AI to help lower the cost of doing business, helping keep costs down for consumers. AI should be a tool that strengthens American
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  Artificial intelligence presents enormous opportunities for our economy, consumers, and small businesses. Chairman
  @SenatorTimScott
  and his colleagues are committed to asking the right questions, understanding the risks, and ensuring America remains the global leader in
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  HAPPENING NOW: Chairman
  @SenatorTimScott
  leads a Banking Committee hearing entitled, "AI and the American Dream: Promoting Innovation, Affordability, and American Dominance."
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  Chairman
  @SenatorTimScott
  previewed today’s Senate Banking Committee AI hearing on
  @MorningsMaria
  . The Committee is focused on protecting consumers and workers while ensuring AI is built by American companies with American values.
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  Chairman
  @SenatorTimScott
  on digital assets: “Job one is making sure that consumers are protected.” The Clarity Act will establish clear rules of the road, protect consumers, and help ensure America leads the future of finance.
• U.S. Senate Banking Committee GOP reposted
  
  The Clarity Act takes the side of everyday Americans. This historic legislation brings digital assets out of the shadows and into a system that is safer, fairer, and more transparent!
• U.S. Senate Banking Committee GOP reposted
  
  From Columbia to Sumter, families across South Carolina have felt the deadly impact of fentanyl and the criminal networks behind it. That is why I led the FEND Off Fentanyl Act: to follow the money, target traffickers, and stop cartels from profiting off poison in our
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  Drug cartels and traffickers do not just move poison, they move money. This guilty plea, involving stops in South Carolina, shows why
  @SenatorTimScott
  led the FEND OFF Fentanyl Act to target the illicit financial networks fueling the fentanyl crisis.
• U.S. Senate Banking Committee GOP reposted
  
  JUST IN: Senator Tim Scott says punishing success will not solve Washington’s spending problem. Pro-growth policies that encourage affordability, investment, jobs, and opportunity are the answer
• U.S. Senate Banking Committee GOP reposted
  
  Coming from a single-parent household in poverty, I care deeply about how we treat the poorest Americans. Our policies should encourage affordability, investment, job creation, and opportunity for every American.
• U.S. Senate Banking Committee GOP reposted
  
  Punishing success will not solve Washington’s spending problem. The answer is pro-growth policies that encourage affordability, investment, create jobs, and keep opportunity alive for every American.