Whale Large Capital
  • Politics
  • World News
  • Business
  • Investing
  • Politics
  • World News
  • Business
  • Investing

Whale Large Capital

Politics

Tim Scott says Biden regulators should quit it, give Trump a ‘fresh slate’

by November 19, 2024
November 19, 2024
Tim Scott says Biden regulators should quit it, give Trump a ‘fresh slate’

Sen. Tim Scott, R-S.C., said regulators under President Biden should quit doing their jobs to allow President-elect Trump a ‘fresh slate’ when he takes office in January. 

In a letter to Biden on Sunday, Scott said Americans ‘across the country rejected your administration’s radical economic agenda and delivered President Trump and the incoming Congress a clear mandate to usher in a new era of government.’ 

‘Given this mandate,’ Scott wrote, ‘it is incumbent upon you and your administration to ensure that President Trump can implement the agenda the American people voted for by allowing him to take office on January 20th with a fresh slate.’ 

‘To ensure an orderly transition, federal financial and housing regulators should suspend any rulemaking and nomination related activities,’ Scott said. 

As the top Republican on the Senate Committee on Banking, Housing and Urban Affairs, Scott said he is calling on the agencies overseen by the committee to ‘cease all rulemaking, including the finalization of any pending or proposed regulations or guidance, and to comply with federal record retention laws and preserve all agency documents, records, and communications.’ He also demanded that all pending nominations within the committee’s purview be withdrawn. 

‘I will not vote for, or advance, any nominees put forth in front of the Committee by your administration,’ Scott wrote. ‘Next Congress I look forward to confirming President Trump’s nominees who will bring about economic opportunity to all Americans.’ 

Copied on the letter were Treasury Secretary Janet Yellen, Commerce Secretary Gina Raimondo and Chair of the Board of Governors of the Federal Reserve Jerome Powell. 

In addition to focusing on the Trump transition, Scott, who was elected as the incoming chair of the Senate Republican campaign committee last week, has taken on a role of looking to increase the GOP majority in the 2026 elections. 

After his fellow GOP lawmakers in the Senate chose him to chair the National Republican Senatorial Committee over the next two years, Scott told reporters that his ‘passion’ is to make sure that Trump ‘does not have two years with a Republican majority in the Senate, he has four years in control.’ Scott told Fox News Digital that ‘what we’re going to do is defend the seats that we have and expand the map so that we can increase the majority brought to us by the Trump victory.’

Republicans won back control of the Senate in this month’s elections, ending four years of majority control by the Democrats. It is expected that once a mandated state recount is completed in the Senate contest in Pennsylvania – where GOP challenger Dave McCormick leads Democratic Sen. Bob Casey by roughly 17,000 votes – the Republicans will hold a 53-47 majority in the Senate come January.

Fox News’ Paul Steinhauser contributed to this report.

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Ukraine fires US-made longer-range missiles into Russia for the first time
next post
NY judge adjourns Trump hearing without explanation, delaying sentencing

You may also like

Fetterman calls for bombing Iranian nuclear facilities: ‘Waste...

April 24, 2025

What is an autopen? The signing device at...

March 20, 2025

Supreme Court limits judges’ authority to block infrastructure...

May 29, 2025

Trump calls for Jordan, Egypt to accept more...

January 26, 2025

Iran foreign minister vows nuclear enrichment will continue...

May 19, 2025

Trump declares ‘America is back’ in speech before...

March 5, 2025

Mike Johnson, Donald Trump get ‘big, ‘beautiful’ win...

May 22, 2025

Kennedy family members denounce RFK Jr.’s decision to...

August 25, 2024

Gabbard sheds light on Assad visit, expresses shock...

January 30, 2025

Harris asked how she’s ‘feeling’ 48 hours from...

November 3, 2024

    Subscribe today to receive exclusive access to all our retirement secrets and income strategies, including special financial news and updates from our experts. From time to time, our newsletters feature valuable insights and analysis on the latest financial trends. Don't miss out on these exclusive updates – join our subscription to stay informed!


    By opting in you agree to receive emails from us. Your information is secure and your privacy is protected.



    Latest

    • Newsom taunts Trump with series of comments about president’s ties to Epstein amid efforts to avoid subject

      July 17, 2025
    • LEE ZELDIN: Trump’s EPA clearing the regulatory path for America to dominate the global AI revolution

      July 17, 2025
    • Iran faces August deadline to accept comprehensive nuclear deal or face renewed UN sanctions

      July 17, 2025
    • House Republicans float grilling Joe, Jill Biden as former aides stonewall cover-up probe

      July 16, 2025
    • Republicans fixated on Epstein are getting ‘duped’ by Democrats, Trump insists

      July 16, 2025
    • Former DC councilmember wins back seat months after being expelled over bribery charge

      July 16, 2025

    Categories

    • Business (718)
    • Investing (661)
    • Politics (4,939)
    • World News (3,213)
    • Terms & Conditions
    • Privacy Policy
    • Contact us
    • About us

    Disclaimer: WhaleLargeCapital.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 WhaleLargeCapital.com | All Rights Reserved