Senate Banking Committee chairman Tim Scott described the first hundred days of Congress, a trade war with China and the timeline for implementing critical crypto policies.
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FIRSTONFOX—InanexclusiveinterviewwithFoxNewsDigital,RepublicanSouthCarolinaSenatorandformerpresidentialcandidate TimScottsharedhisviewsonhisfirsthundreddaysasSenateBankingCommitteechairman,breakingdownatradewarwithChina,thefutureofcryptocurrencyandcontroversialdebankingpolicies.
WithRepublicansholdingpowerinbothchambersofCongressand PresidentDonaldTrumpintheWhiteHouse,partyleadersandsupportersacrossthecountryhadhighexpectationsoftheGOP’spolicyagendaandabilitytopasscriticallegislationswiftlyandeffectively.
However,ithasnotbeenaperfectstarttothe119thCongress.RepublicansintheHouseofRepresentativesholdaslim7-seatmajority,andGOPinfightinghasforcedinternaldebatesthathavedelayedkeypiecesoflegislation,likeTrump’s“big,beautiful”taxbill,whichpassedlastThursday just216to214.
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