Chairman of the Senate Banking, Housing, and Urban Affairs committee Tim Scott, A Republican from South Carolina, asks questions to US Federal Reserve Board Chairman Jerome Powell during a Senate Banking, Housing and Urban Affairs committee on "The Semiannual Monetary Policy Report to the Congress," on Capitol Hill, in Washington, DC, on February 11, 2025. (Photo by Allison ROBBERT / AFP) (Photo by ALLISON ROBBERT/AFP via Getty Images)