Patrick Toomey actually said...

I am very concerned about the implications, the effects of this huge new series of regulations, most of which emanate from Dodd-Frank.

Toomey expresses concern over the extensive regulations resulting from the Dodd-Frank Act.

02/12/2013

More Patrick Toomey Quotes

I warned that the new Bureau of Consumer Financial Protection would prove to be an unaccountable and unbridled bureaucracy.

The long-term consequences of this settlement could be even more serious. It would politicize our financial system.

The proposed settlement would fundamentally alter the regulation of our banks, yet this would be done without congressional involvement.

The proposed settlement appears to be an attempt to advance the Administration's political agenda rather than an effort to help homeowners.