Patrick Toomey actually said...

[c]ommercial entities should be eligible to issue stablecoins, provided they choose one of these regimes.

Toomey advocates for commercial entities to issue stablecoins under regulated frameworks.

12/13/2021

More Patrick Toomey Quotes

the reputational damage done to the bank clearly is material, and that has been manifested by this huge adverse movement in stock prices.

This is fraud. That is what this is.

I was pleased to see that some non-accredited levee systems would be recognized as reducing flood hazard.

I think this is a manifestation of the adverse selection that some of us were afraid was going to occur.