Patrick Toomey actually said...

the reputational damage done to the bank clearly is material, and that has been manifested by this huge adverse movement in stock prices.

Toomey highlights the importance of reputational damage to Wells Fargo.

09/19/2016

More Patrick Toomey Quotes

Well, I am concerned about this apparent developing disparity between the regulatory regimes.

Thank you very much, Mr. Chairman, for giving me the opportunity in particular to welcome Mr. Thomas Deas.

Such an important change did not receive the thoughtful and thorough consideration in Congress it deserved.

The clear implication is that more time to study the impact of this provision is definitely warranted.