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The Senate Banking Committee held a hearing this morning examining the rising costs of insurance – home, flood and otherwise.

Tim Scott talks CFPB funding, noms, housing

Senate Banking Committee Chair Tim Scott (R-S.C.) voiced support for the emerging House Republican strategy to defund the Consumer Financial Protection Bureau via budget reconciliation.

Sitting down with reporters this morning, Scott discussed his agenda for the 119th Congress at length. The committee also announced its list of witnesses for an upcoming hearing on “debanking,” which will include the CEO of crypto-focused bank Anchorage Digital and the founder of Black Rifle Coffee Company.

Here’s what you need to know.

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