Patrick Toomey actually said...

"I want to thank all of the witnesses, as well. I think we have had a very helpful, very constructive discussion at advancing the cause and the understanding of this issue."

"The confusion of how a firm would be reorganized would likely lead policymakers to ignore the orderly liquidation authority."

"I have serious concerns about any proposal that would once again force Congress to face another bailout decision."

"I think bankruptcy reform is essential to addressing the problem of too big to fail."