It is my view that the Fed contributed to the financial crisis by virtue of monetary policy in the years preceding it.
Editor's note · Context
Toomey attributes the financial crisis to the Fed's prolonged low interest rate policies.
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I think Congress really has to take the time to properly evaluate the outbound CFIUS concept rather than rushing to enact legislation that is not properly vetted.
I have no doubt that a few years after these projects are completed, transit agencies will come back to Congress pleading for still more subsidies to operate systems that have become far too large for the demand.
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.
If Congress is serious about the threats that face us, it must be similarly serious about supporting American innovation.





