Patrick Toomey actually said...

"The fact that America no longer launches new community banks is devastating for Americans across the country."

"Even though some of them have some of the healthiest balance sheets, business models, and relationships in the entire financial sector, the fact is compliance costs, at least a portion of them, are of..."

"The rapid rate of consolidation away from community banks that has occurred since Dodd-Frank's passage is striking given that this regulatory overhaul was billed as an effort to end 'too-big-to-fail'."

"Our average historical growth over these same time periods we are talking about is a little over 3 percent, 3.1."