Senate Banking Committee chair joins GAC Wednesday morning

Senate Banking Committee Chair Tim Scott, R-S.C., sits down for fireside chat on the main stage at the Governmental Affairs Conference today. Billy Boylston, Carolinas Credit Union League senior vice president of advocacy, will chat with Scott onstage about the committee’s goals for this Congress, his thoughts on regulatory relief, and more. 

Scott, a former credit union board member, joined House Financial Services Committee Chair French Hill, R-Ark., in introducing an America’s Credit Unions-supported resolution to nullify the CFPB’s overdraft rule earlier this year.  

He announced the formation of several working groups within the Senate Banking Committee in January. These groups will tackle reforms on federal regulatory agencies and the National Flood Insurance Program which aligns with America’s Credit Unions’ priorities coming into this year. 

heelo