The Senate Banking Committee advances Kevin Warsh's nomination for Federal Reserve chair amid partisan divisions and ongoing political controversy. Meanwhile, current Chair Jerome Powell announces he will remain on the Fed board after his term ends, citing political pressures and investigations.
Posts tagged as “Tim Scott”
Prosecutors from Jeanine Pirro's office attempted an unannounced visit to the Federal Reserve's renovation site but were denied access amid a criminal investigation into Fed Chair Jerome Powell. The probe and visit have complicated the confirmation of President Trump's nominee to succeed Powell.
The Senate overwhelmingly approved the bipartisan 21st Century ROAD to Housing Act, a comprehensive bill aimed at increasing affordable housing by streamlining construction, easing regulations, and limiting institutional investors from buying single-family homes. Sponsored by Senators Warren and Scott, the legislation includes grants, coordinated environmental reviews, and provisions to curb Wall Street’s influence in the housing market, though some opposition remains over certain investor restrictions. While the bill passed the Senate decisively, its future in the House is uncertain due to differences in versions, political opposition, and competing legislative priorities, even as housing affordability remains a critical issue for Americans.
Four Republican presidential candidates will take the stage on Wednesday evening in Tuscaloosa, Alabama for the fourth Republican primary debate. This will be the smallest field yet, with former President Donald Trump absent and Sen. Tim Scott of South Carolina's campaign suspended. The debate will be the last opportunity for the candidates to address voters before the primaries begin, and will be broadcast live on major news networks and streamed online.
Senator Tim Scott (R-S.C.) announced the suspension of his presidential campaign on Sunday, surprising his campaign workers. He explained that the voters had been "really clear" that they were not ready for him to run at this time, and his campaign strategy, staff, and the GOP electorate had all been factors in his decision. This marks an official and swift end to Scott's months-long presidential quest.
Senator Tim Scott of South Carolina has unexpectedly dropped out of the 2024 presidential race, citing low polling numbers and a lack of support from voters. His campaign staff were caught off guard by the announcement, which came shortly after a fundraising email was sent out. With Scott's departure, the race for the Republican nomination is now wide open.
Five Republican Presidential Candidates Square Off in Third Televised Debate Ahead of Primary Voting
Five Republican Presidential Candidates Square Off in Third Televised Debate Ahead of Primary Voting
Five Republican presidential candidates faced off in the third televised debate Wednesday night in Miami, Florida, discussing topics from fracking and fentanyl to the economy and Donald Trump. The candidates proposed plans to create jobs, reduce taxes and regulations, combat the fentanyl crisis, reduce the national debt, reform the criminal justice system, and reduce government spending. Bob Vander Plaats, a prominent Christian conservative leader in Iowa, said the real missed opportunity of the debate was the candidates’ failure to make a case against Donald Trump. With voting in the Republican presidential primary beginning in two months, the candidates must make a strong case for their candidacy if they want to win the nomination.
Sen. Tim Scott (R-S.C.) Makes Headlines After Introducing Girlfriend Mindy Noce at Republican Debate
Sen. Tim Scott (R-S.C.) Makes Headlines After Introducing Girlfriend Mindy Noce at Republican Debate
Sen. Tim Scott (R-S.C.) made headlines on Wednesday night when he introduced his girlfriend, Mindy Noce, to the public after the Republican debate. Noce had previously been kept out of the public eye, but the campaign later confirmed that she was the blond woman who joined Scott on stage for a picture. With the third debate now in the books, the Republican 2024 candidates are looking ahead to the next stage of the campaign.