Patrick Toomey actually said...

But with Congress' help, Chairman Powell acted swiftly and appropriately to stabilize the financial markets and the economy.

Toomey praises Powell's quick actions during the pandemic.

01/10/2022

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I just want to make a couple of other points.

Do you think there is need for this duplication, or are there areas that the SEC would review that bank regulators do not?

Under Dodd-Frank, the Volcker rule becomes effective on July 21, 2012 regardless of whether a rule is finalized.

Senator Toomey