Patrick Toomey actually said...

It explicitly forbids taxpayer bailouts of failing institutions.

We have introduced the Taxpayer Protection and Responsible Resolution Act that addresses this too big to fail and this bailout risk head-on.

A reform that handles large financial firms and makes failure feasible under clear rules without spillovers would greatly reduce the probabi...

Let me be clear, I opposed the 2008 Wall Street bailouts then. I oppose them today.