Dear fellow South Carolinians,

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Economic Growth, Regulatory Relief, and Consumer Protection Act

Last Wednesday, Congress passed the bipartisan Economic Growth, Regulatory Relief, and Consumer Protection Act- a major economic growth and regulatory relief package which featured four of my own provisions. Drafted through a bipartisan process on the Senate Banking Committee, the bill will free small and community banks to extend credit, loans and mortgages by right-sizing burdensome regulations created by the Dodd-Frank Act. It also increases consumer protections for veterans, senior citizens, victims of fraud and others.

As I continue working to ensure access to opportunity for all American families, I am extremely pleased four of my provisions were accepted as part of this critical bill. From increasing access to the financial system for underbanked and credit invisible families, to ensuring more access to job training and workforce development programs for residents of public housing, to protecting children from identity theft, we are taking a huge step forward today. I want to thank Chairman Crapo and my colleagues on the Banking Committee for all their hard work on this legislation, and I hope to see the House take it up as quickly as possible! You can read more about the bill & my provisions here.

ICYMI: Politico Profile

For my grandfather, my mother, everyone who has sacrificed before me and for every kid growing up in poverty...my mission every day is to bring hope and opportunity where it’s been lost. I sat down with POLITICO to talk about why- and you can read the profile that was the result here.

Sincerely, 

Tim