Political Quotes

On the recordFebruary 13, 2017
I sent you a letter last week outlining some of the big concerns that I have about CCAR.
Said by
Pat Toomey
Republican · Pennsylvania

Editor's note · Context

Toomey expresses his concerns regarding the Comprehensive Capital Analysis and Review (CCAR).

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More from Pat Toomey

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We have to fix that now. This is our chance.

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It's a budgetary gimmick that has the intent of making it possible to have a huge explosion in unrelated spending. This is not what this bill was about. We can fix it. We can do it immediately.

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it is impossible for me to understand how it is a faithful implementation of the law to systematically exclude the vast majority of deferred maintenance categories.

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I think you have said that you think we still, nevertheless, need to have some kind of outbound investment review mechanism, even though you have just said we already have the authorities to prevent any kind of technology transfer.

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