Patrick Toomey actually said...

The regulators themselves, as we know, are not omniscient. They are not going to be perfect. They are not going to always get it right, and in the end, eventually institutions will fail anyway.

Context

Toomey points out the fallibility of regulators and inevitability of institutional failures.

07/15/2014

https://www.congress.gov...

More Patrick Toomey Quotes

We had the best economy in 50 years. And that is if you measure it by objective metrics.
6/7/2021
That is just unbelievable, the spending, everywhere you look.
6/7/2021
I think it would be good to try to get back to that.
6/7/2021
For 50 years, average spending has been about 20 percent of GDP, just a little more than that. Under the President's budget, spending remain...
6/7/2021

View All Patrick Toomey Quotes