The Trust Nest
  • Investing
  • Stock
  • Latest News
  • Editor’s Pick
  • Economy
Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
    Popular Topics
    • Trump takes well-earned victory lap for Middle East peace triumphs
    • Snoop Dogg fires back at critics calling him a ‘sellout’ after Trump inauguration performance
    • Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women’s team
    • Thai man arrested for alleged smuggling of two baby orangutans
    • Gabbard says Comey should be ‘put behind bars’ after picture allegedly ‘issuing a call to assassinate’ Trump
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting
    The Trust Nest
    • Investing
    • Stock
    • Latest News
    • Editor’s Pick
    • Economy
    • Latest News

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

    • November 19, 2024

    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 He also demanded that all pending nominations within the committee’s purview be withdrawn.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
    Related Topics
    • Featured

    Previous Article
    • Economy

    Ukraine fires US-made longer-range missiles into Russia for the first time

    • November 19, 2024
    View Post
    Next Article
    • Latest News

    Biden misses G-20 family photo, White House blames ‘logistical’ issues

    • November 19, 2024
    View Post
    Enter Your Information Below To Receive Trading Ideas and Latest News

      Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
      Popular Topics
      • Trump takes well-earned victory lap for Middle East peace triumphs
      • Snoop Dogg fires back at critics calling him a ‘sellout’ after Trump inauguration performance
      • Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women’s team
      • Thai man arrested for alleged smuggling of two baby orangutans
      • Gabbard says Comey should be ‘put behind bars’ after picture allegedly ‘issuing a call to assassinate’ Trump
      • About us
      • Contacts
      • Privacy Policy
      • Terms and Conditions
      • Email Whitelisting
      Copyright © 2025 thetrustnest.com | All Rights Reserved

      Input your search keywords and press Enter.