Tim Scott

Became law (5)

• 

  Tim Scott (R-SC)· May 9

  Their bill

  A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions".

  S.J.Res. 18 Finance and Financial Sector

  A Republican resolution with 16 Republican cosponsors. See the voting map.

  Became law

  The House voted 217–211 on Apr 9.

  This is a joint resolution from the One Hundred Nineteenth Congress.

  The opposite· 2 of 5

  • Scored -5

    Would households on low incomes be better off under this?

    The removal of the overdraft rule may disproportionately affect low-income populations who rely more heavily on checking accounts.

  • Scored -5

    Does this give people more protection from unfair business practices?

    By disapproving the CFPB rule on overdraft lending, this resolution removes protections meant to regulate how large financial institutions charge for overdrafts.

  No question was scored yes.

• 

  Bill Hagerty (R-TN)· Jul 18

  Cosponsored

  GENIUS Act

  S. 1582 Finance and Financial Sector

  A Republican bill with 5 Republican cosponsors. See the voting map.

  Became law

  The House voted 308–122 on Jul 17.

  This bill establishes a regulatory framework for the issuance and operation of payment stablecoins in the United States.

  Yes· 2 of 4

  • Scored +7

    Does this give people more protection from unfair business practices?

    The bill mandates transparent redemption policies and fees, increasing consumer protection in the stablecoin market.

  • Scored +7

    Does this give people more control over their personal data?

    The bill includes consumer data protection measures, limiting the use of nonpublic personal information for targeted advertising, sales to third parties, or sharing with non-affiliates without consent, enhancing data privacy.

  No question was scored the opposite.

• 

  John Kennedy (R-LA)· Jun 20

  Cosponsored

  A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Office of the Comptroller of the Currency of the Department of the Treasury relating to the review of applications under the Bank Merger Act.

  S.J.Res. 13 Finance and Financial Sector

  A Republican resolution with 5 Republican cosponsors. See the voting map.

  Became law

  The House voted 220–207 on May 20.

  This joint resolution expresses congressional disapproval of a specific rule submitted by the Office of the Comptroller of the Currency.

  Yes

  • Scored +1

    Would business owners be better off under this?

    Disapproving merger rules may reduce regulatory hurdles for banking institutions and their business clients.

  The opposite

  • Scored -1

    Does this give people more protection from unfair business practices?

    Disapproving bank merger rules may reduce oversight intended to protect consumers during bank consolidations.

  • Scored -1

    Does this give the federal government more power?

    The resolution limits the regulatory authority of a federal agency, potentially reducing federal oversight of financial institutions.

And 2 more on their Sponsored and Cosponsored pages.

Passed one chamber, waiting on the other (3)

Halfway: the other chamber has to pass the same text before it can go to the President.

• 

  David McCormick (R-PA)· Sep 28

  Cosponsored

  Terrorism Risk Insurance Program Reauthorization Act of 2026

  S. 4395 Finance and Financial Sector

  A Republican bill with 20 Democratic cosponsors.

  Passed the Senate

  With no one objecting, no names recorded

  Now: kept ready for the floor instead of being sent to a committee · Oct 5

  This bill extends the Terrorism Risk Insurance Act of 2002 by seven years. The new termination date for the program is changed from 2027 to 2034.

  Yes· 2 of 5

  • Scored +3

    Would business owners be better off under this?

    Business owners benefit from the extended availability and affordability of terrorism risk insurance coverage.

  • Scored +3

    Is this likely to grow the economy?

    Extending the Terrorism Risk Insurance Program provides stability and confidence for commercial real estate and business investments.

  No question was scored the opposite.

• 

  Deb Fischer (R-NE)· Jun 8

  Cosponsored

  North Platte Canteen Congressional Gold Medal Act

  S. 645 Armed Forces and National Security

  A Republican bill with 27 Democratic cosponsors.

  Passed the Senate

  With no one objecting, no names recorded

  Now: kept ready for the floor instead of being sent to a committee · Jun 9

  This Act authorizes the awarding of a Congressional Gold Medal to the individuals and communities who volunteered or donated to the North Platte Canteen in Nebraska during World War II.

  Yes· 2 of 4

  • Scored +5

    Would people in rural areas be better off under this?

    The bill honors a significant community-driven volunteer effort located in North Platte, Nebraska.

  • Scored +5

    Would veterans be better off under this, taking everything together?

    The bill honors the historical context of serving and supporting United States troops during World War II.

  No question was scored the opposite.

• 

  Ted Cruz (R-TX)· Mar 4

  Cosponsored

  A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales".

  S.J.Res. 3 Taxation

  A Republican resolution with 14 Republican cosponsors. See the voting map.

  Passed the Senate

  70 – 27

  This joint resolution seeks to disapprove a specific rule submitted by the Internal Revenue Service.

  Yes· 2 of 6

  • Scored +3

    Does this make it easier to run a small business?

    The disapproval prevents new reporting requirements that could increase administrative costs for digital asset businesses.

  • Scored +3

    Does this give people more control over their personal data?

    The resolution prevents the mandatory reporting of gross proceeds, thereby keeping more financial transaction data private.

  The opposite· 2 of 3

  • Scored -2

    Does this raise the taxes companies pay?

    By preventing the new reporting rule, the resolution reduces the administrative and compliance burdens on digital asset brokers.

  • Scored -2

    Does this give the federal government more power?

    The resolution curtails the IRS's ability to implement new regulatory reporting requirements.

Who their bills would affect

• Would households on low incomes be better off under this? 30 no, 72 yes. 2 of these passed a chamber
• Would business owners be better off under this? 10 no, 68 yes. 2 of these passed a chamber
• Would middle-income households be better off under this? 7 no, 50 yes. 2 of these passed a chamber (1 yes, 1 no)
• Would children be better off under this? 2 no, 42 yes.

What else they would change

• Does this make what the government does easier for the public to see? 10 no, 65 yes. 1 of these passed a chamber
• Does this give the federal government more power? 15 no, 48 yes. 5 of these passed a chamber (1 yes, 4 no)
• Is this likely to grow the economy? 2 no, 49 yes. 1 of these passed a chamber
• Does this make it easier to run a small business? 4 no, 47 yes. 2 of these passed a chamber