Pat Toomey: “In my view, this has alienated to some degree our allies.”

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.

Affordable housing is growing further and further out of reach for many.

Congress can and should offer a sensible approach for the domestic regulation of these activities.

We owe it to each customer to get to the bottom of the FTX implosion, and any violations of the law should be aggressively prosecuted.