Senator Scott applauds Trump's signing of the GENIUS Act, establishing regulatory clarity for the stablecoin industry.
Quiver AI Summary
U.S. Senator Tim Scott praised President Trump's signing of the GENIUS Act, which aims to establish a regulatory framework for stablecoins, stating it will provide "important regulatory clarity" for the crypto industry. He emphasized that this legislation is crucial for supporting families and businesses while strengthening the U.S. dollar's global dominance.
Co-sponsored by bipartisan senators, including Bill Hagerty and Kirsten Gillibrand, the GENIUS Act passed the Senate Banking Committee with broad support. Senator Scott indicated ongoing efforts to further develop legislative frameworks for digital assets.
The GENIUS Act underscores the commitment to address industry challenges while promoting consumer protection and choice in the digital economy, as announced in a press release from Senator Scott's office.
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
Tim Scott Net Worth
Quiver Quantitative estimates that Tim Scott is worth $803.7K, as of July 19th, 2025. This is the 311th highest net worth in Congress, per our live estimates.
Scott has approximately $45.2K invested in publicly traded assets which Quiver is able to track live.
You can track Tim Scott's net worth on Quiver Quantitative's politician page for Scott.
Tim Scott Bill Proposals
Here are some bills which have recently been proposed by Tim Scott:
- S.2301: A bill to reauthorize certain programs regarding rural health care.
- S.2237: Hospital Inpatient Services Modernization Act
- S.2228: A bill to amend the Fair Labor Standards Act of 1938 to harmonize the definition of employee with the common law.
- S.2118: Value Over Cost Act of 2025
- S.2116: A bill to require the Committee on Foreign Investment in the United States to annually review, update, and report on the facilities and property of the United States Government determined to be national security sensitive for purposes of review of real estate transactions under section 721 of the Defense Production Act of 1950.
- S.2003: Strengthening Benefit Plans Act of 2025
You can track bills proposed by Tim Scott on Quiver Quantitative's politician page for Scott.
Tim Scott Fundraising
Tim Scott recently disclosed $674.9K of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 94th most from all Q2 reports we have seen this year. 98.0% came from individual donors.
Scott disclosed $868.5K of spending. This was the 33rd most from all Q2 reports we have seen from politicians so far this year.
Scott disclosed $5.1M of cash on hand at the end of the filing period. This was the 47th most from all Q2 reports we have seen this year.
You can see the disclosure here, or track Tim Scott's fundraising on Quiver Quantitative.
