Patrick Toomey actually said...

It's frustrating that we are forced to spend taxpayers' time and money cleaning up after the biggest banks, over and over again.

Expresses frustration over taxpayer burden due to bank issues.

11/01/2021

More Patrick Toomey Quotes

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

any regulatory regime that is devised to apply to a particular technology at a particular moment in time is going to be particularly vulnera...

some of our witnesses today seem to think that stablecoins are unlikely to ever serve any purpose other than facilitating cryptospeculation.

I will continue to work with the financial watchdogs to ensure they have the tools they need to protect people's hard-earned money and our e...