| Standing by the People of South Carolina
This week, I strategized with Governor McMaster and members of the South Carolina delegation about disaster relief efforts in our state. I appreciate the Governor’s update and will continue working with my colleagues to secure the desperately needed resources for those who were devastated by this fall’s storms. South Carolinians have shown remarkable resilience in the face of this crisis, and it is our duty to stand by them every step of the way.
Commemorating World Nuclear Energy Day
Over 50 percent of South Carolina is powered by nuclear energy, thanks to innovation and energy ingenuity! Our advancements in the energy sector have created a pathway to securing energy independence and leading on the world stage. On Monday, I joined my colleagues on a resolution designating December 2, 2024, as World Nuclear Energy Day. This resolution celebrates the peaceful development of nuclear energy technology and underscores the vital role of nuclear power in strengthening the U.S. economy and supporting a reliable energy grid worldwide.
Read more about the resolution here!
President Trump Nominates Paul Atkins for Chairman of the SEC
Our small business owners, retirement savers, and retail investors across the country deserve a leader at the Securities and Exchange Commission (SEC) who will prioritize the agency’s mission over a partisan political agenda. President Trump’s nomination of Paul Atkins to serve as Chairman of the SEC is a step forward to helping revitalize the U.S. capital markets system. I am confident that Paul Atkins has the experience necessary to lead the agency out of Gary Gensler’s disastrous tenure, and I look forward to working with him to increase access to capital for entrepreneurs, open our capital markets to all Americans, and create a regulatory framework for digital assets that encourages innovation here in the United States, not overseas.
Stopping the Flow of Funds to Iran and Its Terror Proxies
As the Ranking Member of the Banking Committee, I have worked to ensure rigorous oversight over the flow of funds to Iran and its terror proxies. This week, I led colleagues in raising concerns with the delayed implementation and enforcement of sanctions on Iran’s oil sector. My colleagues and I sent a letter to Treasury Secretary Janet Yellen urging the Treasury Department to fully utilize all available tools to enforce sanctions on illegal oil transactions involving Iran and to provide detailed information regarding the administration’s efforts to do so. This effort pushes for stronger action and accountability in blocking Iran’s access to funds through illicit oil sales.
Read more about our letter here! | 
