Let me briefly thank you and congratulate you for your work and that of your team on tax reform.
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 those are the reasons why it is perfectly reasonable to not automatically designate, for yet another regulatory overlay, those banks that do not create this systemic risk.
We are now at approximately 3 percent before the tremendous benefits of this tax reform have fully kicked in.
I think this is very important and I hope you will support our effort to get that done.
I can assure all of my colleagues that I never once said nor do I recall ever once hearing any of my colleagues say that the result of our tax reform would be $4,000 pay raises for Americans by March of 2018.
My understanding is if our economy grows by three-or four--tenths of 1 percent faster than it would have in the absence of the tax reform, Federal revenue will actually be greater than the current policy baseline.
But if a company repatriates money that had been trapped offshore and returns that to shareholders, does that harm any worker?
regulatory burden plays a key component of the consolidation in the community banking industry.
it strikes me as a dangerous idea for the central bank to be purchasing assets like mortgage-backed securities
make sure that the FDIC moves swiftly in due consideration of ILC applications.





