What is your reaction to the idea that the Fed would be able to design its own rule, but it would be an objective, data-driven rule?
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 you know from our previous conversations I have long been of the view that the risks associated with this unprecedented experiment in monetary policy probably outweigh the meager benefits.
Surely, we will not make progress in that direction without American leadership.
I just want to be very clear that your employees should feel free to reach out to my office so that we can help them in any way possible.
There are some technical aspects to this, and specifically there is apparently a practice that has been highly refined by the South Koreans in creating corporate vehicles that allow them to hide information.
I feel very strongly that there ought to be more transparency in the SIFI designation process.
I think this is a huge national security issue, as well as a commercial concern.
I wholeheartedly agree with Senator Menendez's point about the orphan drugs. It is a very, very real issue.
I just want to say briefly I will not be able to stay until the time when I would be able to ask questions, but I am concerned about a process that is underway by which the CFPB is collecting a vast amount of information about credit card…
Given the longstanding success of the Fast Track program, and the paramount importance of maintaining effective procedures for recalling dangerous products, we encourage the Commission to very carefully consider any changes it seeks to…
Tax increases are not the answer. Tax increases will not bring the spending growth in line with GDP growth, and will be economically destructive.
Both the Social Security and Medicare programs face substantial financing shortfalls that require legislative corrections.
the program is insolvent. The present value of the promised benefits is much greater than the present value of the revenue that is meant to pay those benefits.
Lower-income workers have not enjoyed the extension of life expectancy that others have.
I am in favor of a broad, comprehensive reform, but if that remains as elusive as it has been, a simple idea of asking the wealthiest Americans to pay more for the benefit they get strikes me as a very reasonable thing in and of itself.
It is going to be hard to reach agreement if something as common-sense as asking wealthy Americans to pay more for their Medicare has to come at the price of, in addition, raising taxes.
It seems that if you live long enough, chances are very, very high you are going to get Alzheimer's.
I cannot think of a more worthy cause than finding the cause and cure for Alzheimer's.





