Pat Toomey: “The Fed Board has no role in the allocation of capital, period, end quote.”

As I've said before, Government, and especially this Administration, have often been the problem, not the solution, when it comes to housing.

There was unauthorized lending of customer assets to an affiliated entity, and there were apparently fraudulent promises to investors and customers about FTX's operations.

Under the Biden administration, the cost of housing has skyrocketed.

I think that there are a number of ways that you can go about creating a regulatory regime to take account of that risk.