Patrick Toomey actually said...

I sent letters to three regional Fed banks inquiring about what I see as a troubling veer into social policy topics.

As Larry Summers said last week, there seems to be an overemphasis of certain risks like climate change by central banks.

Put simply, neither the warming of the Earth's temperature nor severe weather events are a threat to the stability of the financial system.

Some of these projects are such in a state of disrepair that the cost of repairing them is greater than the cost that it would incur of just...