Patrick Toomey actually said...

My concern is that this distorts markets, intentionally, actually.

Toomey expresses concern about the Fed's influence on markets.

07/13/2011

More Patrick Toomey Quotes

The NFIP really should not be considered an insurance program at all.

Finding a consensus on reauthorization will be challenging, and time is tight.

I am hoping that we can find the common ground necessary to avoid a 17th short-term reauthorization.

Clearly, NFIP systemically underprices flood insurance.