Pat Toomey: “I will pay close attention to see that the incoming administration abides by that new Biden Rule and doesn't go after…”

As I've said before, Government, and especially this Administration, have often been the problem, not the solution, when it comes to housing.

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.

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.

I think that there are a number of ways that you can go about creating a regulatory regime to take account of that risk.