Political Quotes

On the recordMarch 10, 2014
I think that our witnesses today made a pretty bulletproof case that the nature of the insurance industry is sufficiently different from the nature of banking to merit a different capital regime.
Said by
Pat Toomey
Republican · Pennsylvania

Editor's note · Context

Toomey emphasizes the distinct nature of the insurance industry compared to banking.

Share

More from Pat Toomey

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
Jul 11, 2022

But that does not mean that Congress should be throwing even more billions of Federal taxpayer dollars at them to build out more services for riders they do not have.

congress.gov
Jul 11, 2022

That is no way to protect taxpayers nor to follow the law.

congress.gov

Other voices in this conversation