Here’s the truth about U.S. Securities and Exchange Commission's climate disclosure rule⬇️

.Tim Scott has focused on building consensus around the commonsense, nonpartisan reforms in his ROAD to Housing Act.

It’s past time the committee consider his legislation, along with other proposals that include real solutions to tackle housing challenges.

75% of American teens lack confidence in their knowledge of personal finance.

We must equip the next generation with the resources they need to achieve the American Dream – that’s why increasing access to financial literacy programs is vital. #FinancialLiteracyMonth

.U.S. Securities and Exchange Commission's climate disclosure rule is a big government solution in desperate search of a problem.

The last thing any Wyoming business needs is a mountain of paperwork to comply with more Green New Deal nonsense from Washington.

.Tim Scott: “It appears this administration’s weak-on-crime policies have also been embraced by our housing regulators.”

Americans deserve safe and affordable housing.

.Department of Housing and Urban Development is not a climate regulator.

The agency must focus on housing solutions Americans need – affordable and accessible homes.

Housing costs have skyrocketed under the Biden administration.

But instead of addressing these problems, Department of Housing and Urban Development and FHFA have prioritized political agendas that increase costs for families and burden communities.

Bidenomics is placing the American Dream of homeownership further out of reach for families across the country.

Since President Biden took office:
❌mortgage rates ballooned by over 150%
❌rents have risen by nearly 20%
❌homelessness increased in a single year by over 12%

FACT: “Despite all the subsidies – all the trillions we’ve spent over the decades - little has changed. In 1970, the homeownership rate in America was 64%. Now, it’s 65%.”

That's why Tim Scott's ROAD to Housing Act takes a different approach to federal housing policy.

For over a year, Tim Scott has called for a U.S. Senate Banking Committee GOP hearing with federal housing regulators.

While we’ve waited to hear from our regulators, housing affordability has not improved – it’s gotten worse.

That’s why today’s hearing is so important.

Half of Americans say they struggle to afford housing – but the Biden administration’s policies are only making that more difficult.

Tim Scott has pushed back on rules and regulations that contributed to a lack of affordable housing opportunities. #FairHousingMonth

A radical climate disclosure rule declared by this administration will only end up burying American businesses in paperwork and hurting their success. Joined my colleagues in overturning this rule👇

.U.S. Securities and Exchange Commission’s mandate is to protect investors, maintain fair and efficient markets, and facilitate capital formation.

With its final climate disclosure rule, it’s doing more to advance the Biden administration’s far-Left climate agenda than it is to protect American investors.

Amid another backdoor attempt to enforce radical climate policies that can't pass Congress because of their clearly harmful consequences for our economy and American workers, I've joined U.S. Senate Banking Committee GOP Tim Scott on a CRA to block it.

More: boozman.senate.gov/public/index.c…

Over and over again, SEC Chair Gensler has disregarded the real-world impacts of his aggressive regulatory agenda while pushing left-wing political priorities.

U.S. Securities and Exchange Commission's climate disclosure rule is no exception.

.Tim Scott knows that U.S. Securities and Exchange Commission’s final climate disclosure rule will hurt Main Street America the most.

Today, he used the Congressional Review Act process to fight back and protect American businesses.

NEW: Tim Scott led 34 of his colleagues in introducing a resolution to overturn U.S. Securities and Exchange Commission's radical climate disclosure rule.

READ MORE: banking.senate.gov/newsroom/minor…

This is why we must pass Tim Scott's FEND Off Fentanyl Act to crack down on the illicit fentanyl supply chain, from the chemical suppliers in China to the cartels that traffic the drugs into the U.S. from Mexico.

🚨Tim Scott's Solidify Iran Sanctions Act – which cements sanctions that restrict funding for Iran’s energy & weapons sectors – passed the House today.

Sen. Scott has repeatedly urged the Senate to curtail Iran’s ability to finance terrorism & develop its nuclear program.

.Tim Scott & Senator Jack Reed are leading the effort to recognize April as Financial Literacy Month.

Financial literacy is key to unlocking the American Dream–that’s why it’s critical to raise awareness on this important issue & increase access to financial education for all.