Pat Toomey: “I am concerned the Administration is seeking to use FHFA and the GSEs to take on more risk for taxpayers and expand…”

Because I'm focused on the Senate race.

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.

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.

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