*Senate Banking Chair Tim Scott’s work with the Commerce Department’s Minority Business Development Agency (MBDA) to support minority-owned businesses is teetering on self-destruction due to ...

Senate Banking Chair Tim Scott (R-S.C.) has spent years boosting a federal program to support minority-owned businesses. President Donald Trump’s administration dismantled it in a matter of weeks.

After Senate Democrats voted against a procedural step to begin consideration of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, Senate Banking Committee Chairman ...