On the recordMay 24, 2011
Senator Toomey rightfully emphasized that the current model of futures markets clearinghouses worked well during the crisis.
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congress.govSenator Toomey rightfully emphasized that the current model of futures markets clearinghouses worked well during the crisis.
Toomey highlighted the effectiveness of existing clearinghouse models during financial crises.
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More from Pat Toomey
I think you have said that you think we still, nevertheless, need to have some kind of outbound investment review mechanism, even though you have just said we already have the authorities to prevent any kind of technology transfer.
I think Congress really has to take the time to properly evaluate the outbound CFIUS concept rather than rushing to enact legislation that is not properly vetted.