Political Quotes

On the recordMarch 17, 2021
There is no reason at all. Neither the Fed nor the SEC... have particular expertise in this area.
Said by
Pat Toomey
Republican · Pennsylvania

Editor's note · Context

Toomey questions the expertise of financial regulators on climate issues.

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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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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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