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Dear fellow South Carolinians,
Thank you for subscribing to my weekly e-newsletter, and please remember to follow me on Facebook, Twitter, Instagram and YouTube.
Our Thriving Economy
Last week, the Senate Banking Committee welcomed Fed Chair Powell to our session for a discussion on the economy. Truth is, we’re in the middle of the third largest economic expansion since 1854. Unemployment is at an 18-year low, small business owner optimism is at a 45-year high and owners need more people to hire. It is a great time for the American economy and the American people. You can watch my full remarks from the committee here.
JOBS and Investor Confidence Act
Last Tuesday, the House of Representatives passed the JOBS and Investor Confidence Act, which included my Credit Access and Inclusion Act of 2018. I applaud Chairman Hensarling, the House Financial Services Committee, and the whole House for putting people ahead of politics by passing this key piece of legislation. In particular, the Credit Access and Inclusion Act will increase access to credit for nearly 29 million Americans who are creditworthy but ‘credit invisible.’ It’s almost impossible to climb the economic ladder without a credit history and this bill will eliminate that barrier for people who work hard and do the right thing. I look forward to this bill’s consideration in the Senate and it being sent to the President’s desk in the near future. You can read more about the Credit Access and Inclusion Act of 2018 here.
Opportunity Tour: Iowa
On Friday, I joined Senator Joni Ernst (R-IA) and Rep. David Young (R-IA) for a stop on my national Opportunity Tour in Iowa. We joined community leaders and visited Des Moines and West Des Moines, including the Des Moines Dream Center and the Phenix School Apartments. You can see photos and learn more about our stops here.
Sen. Ernst and I also joined Fox News to talk more about Opportunity Zones and my Opportunity Tour, as well as our strong economy. You can watch us here and read our joint op-ed here.
Sincerely,
Tim |