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 He also demanded that all pending nominations within the committee’s purview be withdrawn.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
Biden misses G-20 family photo, White House blames ‘logistical’ issues

You may also like

‘Small nodule’ found in Biden’s prostate during routine...

May 14, 2025

SEN JOHN KENNEDY: Why SCOTUS should seize opportunity...

May 15, 2025

Dem senator plows ahead with war powers resolution...

June 24, 2025

Bernie Sanders, AOC, take aim at Trump and...

March 21, 2025

Judge dismisses 2020 election interference case against Trump,...

November 26, 2025

Trump administration eases sanctions on Venezuelan oil industry...

January 30, 2026

McCarthy’s ‘final struggles’ threaten to haunt Johnson’s government...

September 4, 2024

Protecting Americans’ data from China is central to an America...

February 17, 2025

Graham says Russia sanctions bill ‘never going back...

January 19, 2026

Trump’s tariffs could be undone by one conservative...

January 16, 2026

    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

    • Khamenei’s death opens uncertain chapter for Iran’s entrenched theocracy

      March 1, 2026
    • Mamdani’s response to Trump’s Iran strike sparks conservative backlash: ‘Rooting for the ayatollah’

      March 1, 2026
    • Iran vows ‘decisive’ self-defense at UN after Trump kills supreme leader in Operation Epic Fury

      March 1, 2026
    • Obama official who backed Iran deal sparks online outrage with reaction to Trump’s strike: ‘Sit this one out’

      March 1, 2026
    • Iran’s Supreme Leader Ali Khamenei dead after IDF strike hits Tehran compound, Israeli source confirms

      February 28, 2026
    • Iran’s terror proxies, from Iraq to Lebanon, say they’re ready to respond to US-Israel attacks

      February 28, 2026

    Categories

    • Business (853)
    • Investing (661)
    • Politics (7,725)
    • World News (3,213)

    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 © 2026 whalelargecapital.com | All Rights Reserved