Congressmen William Timmons (R-SC) and Sam Liccardo (D-CA) introduced the bipartisan Ounce of Prevention Act to help states, cities, and local governments strengthen communities before disaster strikes. The bill allows local governments to use Community Development Block Grant (CDBG) funds for pre-disaster risk mitigation–eliminating restrictions that currently tie funding solely to… Read more »

Subcommittee on Military and Foreign Affairs Chairman William Timmons (R-S.C.) kicked off today’s roundtable titled “Roundtable: Two Sides of a Digital Coin: Protecting U.S. Security by Challenging the Power of Repressive Foreign Regimes.” In his remarks, Subcommittee Chairman Timmons highlighted that decentralized digital assets can empower people living under authoritarian regimes and… Read more »

Today, the U.S. House of Representatives unanimously passed the Supervisory Modifications for Appropriate Risk-based Testing Act (SMART Act), legislation introduced by Congressman William Timmons (SC-04) to modernize the examination process for well-managed and well-capitalized community banks and credit unions.  “Community banks and credit unions are the backbone of many local… Read more »

Today, Congressman William Timmons (SC-04) announced that two of his bills advanced unanimously through the House Committee on Oversight and Accountability during a full committee markup, a key step toward consideration on the House floor.  The legislation, the Timely and Accurate Benefits Act (H.R. 1755) and the Taxpayer Funds Oversight and Accountability Act (H.R. 8340), both… Read more »

Today, Rep. William Timmons (SC-04) joined Representatives Young Kim (CA-40) and Salazar (FL-27) in introducing the Savings and Early Exposure to Diversified Securities (SEEDS) Act of 2026 to make TRUMP accounts permanent and expand eligible investment options. The SEEDS Act builds on President Trump’s TRUMP Accounts initiative to expand economic opportunity for all Americans by ensuring… Read more »

Rep. William Timmons (SC-04) released the following statement after President Donald J. Trump’s State of the Union address to a joint session of Congress: “As America approaches the 250th anniversary of our founding, President Trump made clear tonight that our nation is stronger, more prosperous, and more respected because Washington is once again focused on delivering real results for… Read more »

Today, U.S. Congressman William Timmons (SC-04) released the following statement after the House of Representatives passed the bipartisan Housing for the 21st Century Act by a vote of 390–9. The legislation reflects a year-long bipartisan effort led by members of the House Committee on Financial Services to address rising housing costs, cut unnecessary regulations, and increase America’s… Read more »

Yesterday, Congressman William Timmons (SC-04) introduced H.R. 7274, the Federal Acquisition Security Council (FASC) Improvement Act, bipartisan legislation co-led by Congressman Suhas Subramanyam (VA-10) and Congressman John Moolenaar (MI-02), to strengthen the federal government’s ability to prevent foreign adversaries like Communist China from infiltrating U.S. information technology… Read more »

The U.S. House of Representatives passed H.R. 5810, the Federal Supervisor Education Act of 2025, legislation introduced by Representative William Timmons (R-S.C.) to reform federal workforce procedures, increase efficiency, and reduce wasteful spending. H.R. 5810 directs federal agencies to strengthen existing, legally required training programs to enhance supervisory competencies and… Read more »

The U.S. House of Representatives unanimously passed H.R. 4431, the Improving Capital Allocation for Newcomers (ICAN) Act. The ICAN Act is a straightforward fix that updates the Qualifying Venture Capital Fund Exemption under Section 3(c)(1) of the Investment Company Act by raising the cap on permissible fund size from $10 million to $50 million and increasing the allowable number of… Read more »