As Larry Summers said last week, there seems to be an overemphasis of certain risks like climate change by central banks.
Editor's note · Context
Toomey expresses concern over the Fed's focus on climate change risks.
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Last year, China conducted two hypersonic missile tests which the Chairman of the Joint Chiefs, General Mark Milley, described as being very close to a Sputnik moment for the United States.
But that does not mean that Congress should be throwing even more billions of Federal taxpayer dollars at them to build out more services for riders they do not have.
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.
We should not pay for an infrastructure package by borrowing billions more dollars, but that is precisely what happened with this law.





