Pat Toomey: “I think we need to acknowledge that this is not playing out the way I think the Fed had hoped.”

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.

Congress can and should offer a sensible approach for the domestic regulation of these activities.

It is absolutely essential to investigate any fraud and violations of existing law, and prosecute those who are committing those crimes.

As I've said before, Government, and especially this Administration, have often been the problem, not the solution, when it comes to housing.