| Dear Friend,
Welcome back to my Week in Review newsletter. Please remember to follow me on Facebook, Twitter, Instagram, and YouTube for regular updates on how I am serving the people of South Carolina!
Opposing A Dangerously Radical Nominee
This week, the Senate Banking Committee held a hearing on President Biden’s nominee for Comptroller of the Currency—a position that oversees roughly two-thirds of America’s banking system. Unfortunately, there is no one more poorly suited for the job than President Biden’s nominee, Dr. Saule Omarova. Over the past several years, she has made many ridiculous statements in support of overhauling the banking industry, from ending private banking to bankrupting America’s energy resources. At this week’s hearing, I let her record speak for itself by recounting many of her past statements, and I reiterated my firm opposition to her nomination. Click to watch my remarks No More Reckless Spending!
As we approach Thanksgiving, the price of foods like turkey and cranberry sauce—along many every-day goods—has skyrocketed. Yet the Democrats are plowing ahead with their reckless spending plans, all-the-while claiming that their enormous “Build Back Better” plan will cost “zero dollars.” It’s simply not true. Check out my op-ed in the Post and Courier about why this bill is not free and is not something we need.
Championing Underserved Communities
Rather than addressing raging inflation, supply chain disruptions, or the chaos at our southern border, House Democrats this week held a hearing targeting Opportunity Zones, a tax incentive that brings private investment to low-income, minority communities across America. As one of the lead sponsors of Opportunity Zones legislation, I spoke at this week’s House Ways & Means hearing to highlight recent data that proves the program is helping our most underserved populations. Click to watch my remarks at the hearing More Federal Overreach
If you’ve had anything delivered through the U.S. Postal Service (USPS) lately, you’ve likely experienced a delay. Rather than working to fix that issue, the USPS is now putting taxpayer resources toward an untested check-cashing program. This is not only a misguided attempt to federalize financial services—it is also a threat to the already-struggling mail delivery system. I joined my colleagues this week in sending a letter to Postmaster General Louis DeJoy, denouncing this move and urging the USPS to focus on its core function: delivery, not banking.
Protecting the Vulnerable
Having grown up in Charleston, I am all too familiar with disasters like hurricanes and floods. While natural disasters take a toll on everyone, they can be even more devastating for older adults and those with disabilities.
This week, I held a U.S. Special Senate Committee on Aging hearing, along with Chairman Bob Casey (D-Pa.), to examine disaster preparedness, response, and recovery for our seniors and other vulnerable populations. Click here to watch my opening statement and learn more about my work to help protect older Americans. Sincerely, | 