On the recordJuly 28, 2015
A reform that handles large financial firms and makes failure feasible under clear rules without spillovers would greatly reduce the probability of Government bailouts.
Source
congress.govA reform that handles large financial firms and makes failure feasible under clear rules without spillovers would greatly reduce the probability of Government bailouts.
Toomey advocates for reforms that minimize the risk of bailouts for large financial firms.
Share
More from Pat Toomey
As I've said before, Government, and especially this Administration, have often been the problem, not the solution, when it comes to housing.
It is absolutely essential to investigate any fraud and violations of existing law, and prosecute those who are committing those crimes.
I think there is a case to be made that there should be a regulatory regime on disclosure requirements for an issuer.