Pat Toomey
The Public Record
Patrick Toomey is a former United States Senator from Pennsylvania, serving from 2011 to 2022. A member of the Republican Party, Toomey was known for his focus on fiscal conservatism, economic growth, and limited government. During his tenure, he served on several Senate committees, including the Banking, Housing, and Urban Affairs Committee, where he was involved in financial regulation and economic policy discussions.
I think we all understand and agree on the severity of the threat posed by North Korea.
I am worried less by a specific bill that is under consideration now than by what I see as a broader trend to try to shift that balance decisively in a way to constrain executive branch discretion.
Is not it really true that whatever business they are doing with North Korea, while it is absolutely essential to North Korea, it is trivial in scale to their own business?
Is there agreement that such secondary sanctions would impose significant new pressure on the regime?
the U.N. panel also named several North Korean banks established, managed, or owned by Chinese companies.
Does everybody agree that secondary sanctions on the financial institutions--and I should point out that our legislation would impose them globally.
I think that is a very sensible balance and maintains a lot of discretion for the President, while involving Congress in the decision making.
I think it is widely acknowledged that we have not yet imposed the toughest possible sanctions against North Korea.
the idea is to put in place a clear structure of escalating sanctions that will take place.
Now let me go to this question of the adverse impact on the United States if one of these banks were to fail.
Senator Van Hollen and I have decided to pursue the BRINK Act legislation that would impose tough secondary sanctions.
Is not the only rational decision to discontinue doing business with North Korea?
This is maddening. It's maddening frustrating because this is beneath the dignity of the president of the United States or at least it should be, and it's a distraction.
Obamacare is failing the American people, delivering high costs, few options, and broken promises.
The Senate will need to come up with its own health-care reform proposal that includes a fundamental fix to Medicaid.
Through legislation like the 21st Century Cures Act and recent appropriations bills, Congress has worked to strengthen our Nation's investment in medical research.
The individual mandate has not worked and millions of Americans are not buying into the notion of Washington-controlled health care.
It is not working. All of these failures demonstrate the need to move forward with repealing Obamacare.
We have three outstanding nominees that your Committee will be hearing from today, and I am delighted that your Committee is doing so.
I remain deeply concerned that the way this entity was structured has left it completely unaccountable.





