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Tim Scott to launch presidential search committee, sources say

Sen. Tim Scott of South Carolina is set to launch an exploratory committee Wednesday for a potential 2024 presidential bid, multiple sources familiar with the matter confirmed to CBS News.

In an email sent to supporters late Tuesday night, the Republican senator said he would “make a big announcement tomorrow.”

The news was first reported by the Post and Courier in Charleston.

Scott was scheduled to travel to Iowa on Wednesday for the announcement, sources said. Back in February, 57 years old Made several stops in Iowa, which will serve as a first-state contest in the 2024 Republican primary.

Senate Banking Committee hearing on recent bank failures

Senator Tim Scott, ranking member of the Senate Banking, Housing and Urban Affairs Committee, speaks during a hearing in Washington, DC, March 28, 2023.

Samuel Coram/Bloomberg via Getty Images

Only former President Donald Trump, former South Carolina Gov. Nikki HaleyFormer Arkansas Gov. Asa Hutchinson and entrepreneurship Vivek Ramaswamy Republicans have announced their 2024 candidacy so far.

Addressing reporters during his last visit to Iowa, Scott signaled to Trump that he was deflecting questions about whether he would run.

“We had some texts, but the fact of the matter is, we’re not talking about politics, we’re talking about important issues overall,” Scott said at the time.

Scott, who has served in the Senate since 2013 and is its only black Republican, appears to be trying to position himself as an alternative to Trump by emphasizing a more positive message.

“I see a future where common sense has reshaped common ground,” Scott said in a speech at Drake University in Des Moines in February, according to the Des Moines Register. “Where we’ve built true unity, not by eliminating our conservatism, but by winning converts. Where our movement can once again carry the 49 states and the popular vote.”

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