Political Quotes

Pat Toomey: “I was shocked by the amount of regulation that that bank was subject to then, and that was before Dodd-Frank.”

On the recordFebruary 9, 2015
I was shocked by the amount of regulation that that bank was subject to then, and that was before Dodd-Frank.
Said by
Pat Toomey
Republican · Pennsylvania

Editor's note · Context

Toomey reflects on the heavy regulations faced by community banks prior to Dodd-Frank.

Share

More from Pat Toomey

Aug 1, 2022

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

congress.gov
Dec 13, 2022

I think there is a case to be made that there should be a regulatory regime on disclosure requirements for an issuer.

congress.gov
Dec 13, 2022

There was unauthorized lending of customer assets to an affiliated entity, and there were apparently fraudulent promises to investors and customers about FTX's operations.

congress.gov

Other voices in this conversation