Senator Tim Scott, R-S.C., called on regulators under President Biden to step aside to give President-elect Trump a “clean slate” when he assumes office in January.
In a letter to Biden on Sunday, Scott stated that Americans “across the country rejected your administration’s radical economic policies and gave President Trump and the incoming Congress a clear mandate to lead a new era of governance.”
“Given this mandate,” Scott wrote, “it is incumbent upon you and your administration to ensure that President Trump can implement the agenda the American people voted for by allowing him to take office on January 20th with a fresh slate.”Â
“To ensure an orderly transition, federal financial and housing regulators should suspend any rulemaking and nomination related activities,” Scott said.Â
As the ranking Republican on the Senate Committee on Banking, Housing, and Urban Affairs, Scott urged the agencies under the committee’s jurisdiction to “halt all rulemaking activities, including the finalization of pending or proposed regulations or guidance, and ensure compliance with federal record retention laws by preserving all agency documents, records, and communications.” He further called for the withdrawal of all pending nominations under the committee’s oversight.
“I will not vote for, or advance, any nominees put forth in front of the Committee by your administration,” Scott wrote. “Next Congress I look forward to confirming President Trump’s nominees who will bring about economic opportunity to all Americans.”Â
Treasury Secretary Janet Yellen, Commerce Secretary Gina Raimondo, and Federal Reserve Chair Jerome Powell were copied on the letter.
In addition to assisting with the Trump transition, Scott, recently elected as the incoming chair of the Senate Republican campaign committee, is focused on increasing the GOP majority in the 2026 elections.
After being chosen by Senate Republicans to lead the National Republican Senatorial Committee for the next two years, Scott expressed his commitment to ensuring that Trump’s time in office includes not just two years with a Republican Senate majority, but four. Speaking to Fox News Digital, he said, “Our plan is to defend the seats we hold and expand the map to grow the majority secured by Trump’s victory.”
Republicans reclaimed control of the Senate in this month’s elections, ending four years of Democratic majority. Following the completion of a state-mandated recount in Pennsylvania, where GOP challenger Dave McCormick holds a roughly 17,000-vote lead over Democratic Sen. Bob Casey, Republicans are projected to secure a 53-47 Senate majority starting in January.
