Will you commit to using the Administrative Procedures Act when the CFPB imposes new rules?
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.
It would be a tremendous pity to jeopardize that because of the trade policy.
Some districts indicated that plans for capital spending had been scaled back or postponed as a result of uncertainty over trade policy.
I think we need to be very concerned here that public companies in Europe are a much different animal than they are here in the United States.
What concerns me is cases where maybe advisors or fund managers or minority activist investors are trying to use the corporate governance voting mechanism as a way to advance a social and cultural agenda that may be inconsistent with many…
I am sympathetic to the problem. Obviously, if somebody has been cheated, they ought to be made whole, but I am a little concerned that socializing this cost means spreading it among perfectly upstanding firms that have not done anything…
If there is documented evidence that suggests that there is a category of criteria that promoting this category results in a lower return to investors, then anybody advising that would be failing to live up to their fiduciary obligations.
I can imagine--and I know of issues that are in the environmental and governance space that are also really ultimately social and culturally debated issues.
It seems like a glaring conflict of interest if in fact they are receiving revenue or seeking revenue from a business, while at the same time advising investors how to vote the shares of a proxy.
the tax reform measure that we passed almost exactly 6 months ago is contributing, I think, enormously to a very, very good economic environment.
I believe that the workforce and leadership currently in place--career IRS workers are absolutely world-class.





