Political Quotes

Pat Toomey: “It is my view that the Fed contributed to the financial crisis by virtue of monetary policy in the years preceding it.”

On the recordMay 14, 2018
It is my view that the Fed contributed to the financial crisis by virtue of monetary policy in the years preceding it.
Said by
Pat Toomey
Republican · Pennsylvania

Editor's note · Context

Toomey attributes the financial crisis to the Fed's prolonged low interest rate policies.

Share

More from Pat Toomey

Aug 1, 2022

Under the Biden administration, the cost of housing has skyrocketed.

congress.gov
Dec 13, 2022

We owe it to each customer to get to the bottom of the FTX implosion, and any violations of the law should be aggressively prosecuted.

congress.gov
Aug 1, 2022

Working Americans are getting poorer every day.

congress.gov

Other voices in this conversation