Media Center

Today Congressman David Scott (GA-13) called for more than a nebulous answer on when the United States will risk defaulting on its debt obligations during the House Financial Services Committee hearing with Treasury Secretary Steven Mnuchin. Scott raised alarms about how such non-answers inject uncertainty in the markets.  Additionally, when pressed by Scott, Sec. Mnuchin failed to… Read more »

Today Congressman David Scott (GA-13) provided the following remarks during a full House Financial Services Committee markup of five bills, including the Democrats’ Resolution of Inquiry. The resolution directs the Secretary of the Treasury Steven Mnuchin to provide Congress with documents from Treasury’s Financial Crimes Enforcement Network (FinCEN) regarding the financial and… Read more »

New legislation proposed by Rep. Ann Wagner, R-Mo., would create a new advisory standard somewhere between fiduciary and suitability, said Rep. David Scott, D-Ga. Scott, who has worked with Wagner on various fiduciary rule alternatives, is not on board with the congresswoman's latest bill -- unveiled today during a House Financial Services subcommittee hearing. “This bill is a very… Read more »

Today Congressman David Scott (GA-13) provided the following remarks during the House Financial Services Committee’s Humphrey-Hawkins hearing on monetary policy and the state of the economy with the Chair of the Board of Governors of the Federal Reserve System, Janet Yellen: Click here to watch video of Congressman Scott’s exchange with Federal Reserve Chair Janet Yellen. Rep. Scott:… Read more »

Congressman David Scott (GA-13) provided the following remarks during the  House Agriculture Committee hearing to examine the work of regulators and market participants to safeguard derivative clearinghouses. Click here to watch video of Congressman Scott’s exchange with Mr. Scott A. Hill, Chief Financial Officer, Intercontinental Exchange, Atlanta, GA, and Mr. Jerrold E.… Read more »

Congressman David Scott (GA-13) provided the following remarks during the  House Financial Services Committee hearing to review the current state of the U.S. equity markets and review how the current structure has evolved since the enactment of the Securities Acts Amendments of 1975. Click here to watch video of Congressman Scott’s exchange with Matt Lyons, SVP and Global Trading… Read more »

Members of Congress are asking the Department of Defense to sign a new long-term contract with Lockheed Martin for more than a hundred new C-130 aircraft, all of which would be built at the company’s Marietta plant. U.S. Rep. Barry Loudermilk, R-Cassville, was one of the signatories of a letter to Secretary of Defense James Mattis last week encouraging the Pentagon to sign a five-year… Read more »

Congressman David Scott (GA-13) gave the following strong statement in support of increased federal funding for 1890s Land-grant HBCUs at the recent House Agriculture Committee hearing to discuss investments in agricultural research as a continuation of the committee’s hearing series on preparing for the next farm bill.  Click here to watch video of Congressman Scott’s remarks.… Read more »

Congressman David Scott (GA-13) gave the following statement at the recent House Financial Services Committee Markup of Flood Insurance bills.  Scott offered an amendment to greatly reduce installment plan fees for consumers who make monthly payments to purchase flood insurance. The amendment passed and was included as part of H.R. 1558, the Repeatedly Flooded Communities Preparation… Read more »

Tristan Capocci likely was looking at a chance to play professional or college baseball after his recent high school graduation — except for another opportunity he believed had a greater purpose. Capocci, 18, accepted both an appointment to the U.S. Naval Academy and an offer to play baseball for the Annapolis, Maryland, military institution. The Villa Rica resident also will be… Read more »