The U.S. Senate Committee on Banking, Housing and Urban Affairs released Chairman Tim Scott’s 2025 Year-in-Review report, outlining Senate Banking Committee Republicans’ work during the first session of the 119th Congress and setting out headline priorities across housing, consumer protection, digital assets and scrutiny of financial regulators. The report points to progress on bipartisan legislation, a “historic” number of executive nominee confirmations, and oversight of federal agencies that regulate the financial system. It highlights efforts to expand access to affordable housing, strengthen consumer protections, advance regulatory clarity for digital assets, and push back on what it describes as unaccountable and politicized rulemaking. Looking ahead, the report frames these themes as the committee’s focus for the year to come, including protecting taxpayers and keeping US innovation anchored domestically.