Happy Labor Day

Tomorrow, we recognize our nation's labor force and honor the tradition of hard work that has made America the great nation we are today. Thank you to all of the workers in the Grand Strand and the Pee Dee, I hope you have a a safe and relaxing Labor Day!

 

 
 

Update: Trade Negotiations

 
  After months of negotiations, President Trump announced that the U.S. and Mexico have agreed to enter a new trade deal to replace NAFTA, called the U.S. Mexico Trade Agreement. The agreement with Mexico is an important step forward in renegotiating fair trade deals. Other countries will not easily abandon their long-held advantages over American workers, and the Administration has been successful in bringing our trading partners to the negotiating table. President Trump’s approach to rebalancing our trade deals is working, and I will continue to support the Administration as they pursue fair trade agreements that level the playing field for American workers and industries. I look forward to further reviewing the details of this agreement and will continue to seek input from businesses and farmers in the Seventh District throughout this process.   

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Restaurant Roundtable 

 
  Last week, I had the opportunity to sit down with Grand Strand restaurant owners to discuss issues affecting local businesses including tax reform, immigration, and health care. It is so important to receive input from local employers about federal policies that impact their businesses. I will bring their useful information and insight back to Washington!  

 
 

The Good News Just Keeps Coming

 
  Earlier this week, the Commerce Department announced that the U.S. economy grew by 4.2 percent in the second quarter of this year, revising its first estimate upwards. This was the strongest quarter of growth in 4 years! Additionally, consumer confidence just hit an 18-year high, unemployment is the lowest its been in decades, and small-business confidence continues to rise at record levels. The economic stagnation of the Obama Administration is over. President Trump and the Republican Congress are truly restoring American opportunity!
 
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Protecting Community Banks

 
  I had the opportunity to meet with the Independent Banks of South Carolina. Small banks help grow our economy and create opportunities by providing access to credit for American families and job-creating small businesses. We had a productive discussion about federal policies that impact community banks and their customers, such as the Economic Growth, Regulatory Relief, and Consumer Protection Act that was just signed into law by President Trump. This legislation eases heavy handed Dodd-Frank regulations, allowing community banks to focus on serving their customers instead of spending resources on compliance and paperwork. I will continue to work on rolling back bureaucratic overreaches that have hindered economic growth and hurt American small businesses, consumers, and families.