Pat Toomey

If the Administration were serious about promoting competition, it would seek to reduce the regulatory burdens imposed by Dodd-Frank.

The EO does not seek a neutral inquiry.

I would just urge you to keep very much in front of mind that they went through a full-blown, due process, bona fide process, and people ought to be able to plan on, when they get approval they can actually engage in the business that was…

I hope to hear from today's witnesses about how they will maintain independence in the face of pressure to politicize banking regulation.

Thank you very much. Thank you, Mr. Chairman.

A significant impediment to cryptocurrencies becoming a widely used store of value or medium of exchange is their price volatility.

We have had a little discussion about miners, and miners play an essential role in validating transactions and maintaining the infrastructure.

We need to make sure the American economy remains the safest and most dependable in the world.

Cryptocurrencies are a growing part of our lives and economy.

To whom much has been given, much is expected.

It is called diplomacy.

There is a potential there.

The American economy and the American workforce indisputably benefited enormously from NAFTA.

Hundreds of millions of dollars of U.S. taxpayer money are set to be spent in Mexico to monitor their environmental and labor practices.

The hearing today is about USMCA enforcement 1 year in, and several witnesses have alluded to the importance of what the Biden administration calls 'worker-centered trade policy.'

We cannot continue on this path. Now is the time to tackle this problem, to protect our vital infrastructure and American competitiveness.

Even the Financial Stability Board acknowledges the massive uncertainty.

Investment we make now to shore up our infrastructure will both create jobs at home--jobs that can't be sent overseas--and make our industries more competitive.

Now is the time to tackle this problem, to protect our vital infrastructure and American competitiveness.

The scenarios they are use are predicated on several very dubious assumptions.

Today, the Committee will discuss climate-related risks and the ways in which the insurance and reinsurance industries are evolving and adapting in response.

Climate stress-testing is a good idea. We want to make sure that our institutions are robust in an uncertain future.

It would be profoundly misguided for the Biden administration to throw the State-based insurance regulatory regime out in pursuit of its climate agenda.

However, we must also recognize at least three important points.

The economy has come roaring back from COVID. GDP is above its prepandemic level, and the Fed forecasts GDP will grow by a robust 7 percent this year.