For Immediate Release
January 22, 2025
FSP Applauds Senator Tim Scott’s Rise to Chairman of the Senate Banking Committee
Washington, D.C., — Financial Services Professionals (FSP) released the following statement on the elevation of Senator Tim Scott of South Carolina to Chairman of the Banking, Housing, and Urban Affairs Committee:
“FSP congratulates Senator Tim Scott on his ascension to the important and powerful role of chairman of the Senate Banking, Housing and Urban Affairs Committee. Chairman Scott has long been a champion of financial inclusion, economic opportunity, job creation and financial literacy. His commitment to economic empowerment and financial equity has earned him respect and admiration from colleagues and constituents. FSP shares Chairman Scott’s vision of putting more Americans on the path to homeownership, increasing access to capital, and addressing regulations that could hamper the efforts of enterprising individuals seeking to start or grow new businesses. We are confident that his tenure will bring positive change and foster greater inclusivity within the financial sector.
“FSP looks forward to working with Senator Scott and the Senate Banking Committee to advance policies that promote economic growth, financial stability, and greater access to financial services to all Americans,” said FSP Founder De’Ana Dow.
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About Financial Services Professionals
Financial Services Professionals is a non-partisan independent, volunteer association founded to enrich the careers of its members by sharing the resources of a broad network of professionals in the financial services industry and advancing diversity in the financial services industry.
Link to the official press release: FSP-Applauds-Senator-Tim-Scotts-Ascension-to-Chair-of-the-Senate-Banking-Committee-1-22-2025.pdf



