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Kevin Warsh, President Trump's nominee for Federal Reserve Chair, has disclosed assets exceeding $190 million ahead of his confirmation hearing. His financial holdings make him potentially one of the wealthiest Fed chair nominees in modern history.
A new Senate housing bill is gaining bipartisan support, notably backed by Senators Tim Scott and Elizabeth Warren, indicating potential for legislative progress on housing issues.
Sen. Tim Scott remains optimistic about GOP expanding Senate majority in midterm elections despite challenging political climate and economic concerns.
Senators Ted Cruz and Tim Scott have called on the Treasury Secretary to approve a $200 billion tax cut on capital gains without requiring congressional approval.
The Senate has passed a bipartisan housing affordability bill, notably sponsored by Senators Tim Scott (R-S.C.) and Elizabeth Warren (D-Mass.), marking a significant legislative step on housing issues.
The Senate Housing Bill Backed by Tim Scott and Elizabeth Warren WSJ
Senators Ask Treasury To Unilaterally Index Capital Gains, Bypassing Congress Senators Ted Cruz and Tim Scott are asking Treasury Secretary Scott Bessent to unilaterally implement a major capital gains tax cut -- by letting taxpayers adjust their cost basis to account for the effects of inflation. In a letter they intended to send on Tuesday, the pair will argue that it's within Bessent's authority to make such a move, without the need for legislation, “Using your executive auth...
Senator Thom Tillis is reportedly blocking Kevin Warsh's Fed confirmation hearings, with Senator Tim Scott hoping the probe into Fed Chair Jerome Powell 'goes away' to allow a vote on Warsh's confirmation.
Senator Tim Scott has introduced new legislation aimed at pushing back against school lockdowns and limiting the power of labor unions.
Senators Ted Cruz and Tim Scott are reportedly asking the Treasury Department to approve a $200 billion tax cut without requiring congressional approval.