Senate Banking Committee Agenda

January 28, 2025

In addition to advancing U.S. Department of Housing and Urban Development (HUD) nominee Scott Turner out of committee on a party-line vote, Senate Banking Chairman Tim Scott announced his agenda last week.

Scott’s agenda includes:

  • Promoting Financial Inclusivity and Opportunity: Implement pro-growth policies to enhance financial access and security for all Americans, emphasizing financial literacy and reassessing burdensome regulations.
  • Advancing Affordable Housing: Address escalating housing costs by reviewing overregulation and supporting solutions like the ROAD to Housing Act to revitalize the housing market.
  • Increasing Access to Capital: Develop policies to broaden capital access for entrepreneurs and small businesses nationwide, and pursue reforms to enhance transparency and accountability within the Securities and Exchange Commission (SEC).
  • Establishing a Framework for Digital Assets: Create a regulatory structure for digital assets that promotes consumer choice, education, and protection, while fostering innovation in financial technologies.
  • Protecting Economic National Security: Strengthen national security by advancing sanctions and export control policies, countering adversarial threats, and enhancing resilience in critical supply chains.
  • Supporting Resilient Communities and Insurance Markets: Uphold the state-based regulatory system for insurance, limit federal overreach, and promote policies that protect consumers and facilitate economic growth.
  • Empowering Local Infrastructure Innovation: Reduce bureaucratic regulations hindering infrastructure projects and rescind policies that burden families, businesses, and communities.
  • Conducting Rigorous Oversight: Ensure federal agencies operate transparently, follow the law, and advance policies that create economic opportunities, utilizing tools like the Congressional Review Act to overturn burdensome regulations.

Contact David McCarthy (dmccarthy@crefc.org) with any questions.

Contact  

David McCarthy
Managing Director, Chief Lobbyist, 
Head of Legislative Affairs
202.448.0855
dmccarthy@crefc.org
The information provided herein is general in nature and for educational purposes only. CRE Finance Council makes no representations as to the accuracy, completeness, timeliness, validity, usefulness, or suitability of the information provided. The information should not be relied upon or interpreted as legal, financial, tax, accounting, investment, commercial or other advice, and CRE Finance Council disclaims all liability for any such reliance. © 2025 CRE Finance Council. All rights reserved.

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