Pat Toomey (US Sen. ret.) @SenToomey
Twitter account for former-U.S. Senator Pat Toomey. Husband. Father. Joined November 2010-
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Abandoning our friend Ukraine to a ruthless authoritarian would cause countries around the world to recalibrate their relationship the United States. The stakes of this war go far beyond Ukraine's sovereignty.
Russian assets should absolutely used to help fund the defense of Ukraine. The behavior of Putin is so outrageous and appalling that this is a reasonable response.
Iran's continued aggression is a reminder of the danger of losing deterrence. If we don't stand up for our interests in the Middle East, our enemies will fill that vacuum.
I encourage the House of Representatives to pass the aid bills to Ukraine, Israel, and Taiwan. It's in our core interest to support our allies against our adversaries. And in the long run, it's much cheaper than the alternative.
The unfortunate reality is that American families will face the consequences of reckless fiscal policies for a long time. cbsnews.com/news/interest-…
The Houthis are a terror group that targets Americans and our allies Removing their designation—once again—would send a signal of weakness to our adversaries and reward their murderous behavior.
President Biden's persistent refusal to provide Ukrainians with the weapons and flexibility they need makes clear that he doesn't want Russia to lose this war. wsj.com/articles/russi…
It's not surprising that President Biden wants to distract from inflation by attacking pharmacy benefit managers (PBMs). But Republicans shouldn't go along with the attempted diversion.
It's not surprising that President Biden wants to distract from inflation by attacking pharmacy benefit managers (PBMs). But Republicans shouldn't go along with the attempted diversion.
Today, the Court decided that our SEC case will move forward on most of the claims, but dismissed the claims against Coinbase Wallet. We were prepared for this, and we look forward to uncovering more about the SEC’s internal views and discussions on crypto regulation. 1/6
A good reminder that losing our deterrence jeopardizes our national security. wsj.com/articles/biden…
Good news for investors, companies, workers, and the rule of law. wsj.com/articles/u-s-a…
Giving Ukraine the weapons needed to win will help end the war—and end it faster. It's in our core interest.
I'm grateful to the Economic Club of Minnesota for honoring me with the Bill Frenzel Champion of Free Trade award. Here's the interview I did with former-Congressman Mark Kennedy at the celebratory luncheon. vimeo.com/925553512/93b2…
Attacking PBMs won’t solve President Biden’s inflation problem. Here is why: realclearhealth.com/blog/2024/03/1…
DC friends – Join @coinbase CEO Brian Armstrong and 40+ thought leaders to discuss how crypto moves America forward. March 20th at Capital Turnaround. RSVP here. updatethesystemsummit.splashthat.com
The primary “obstacles to peace” in Israel’s region are genocidal terrorists and corrupt PA leaders who repeatedly reject peace deals. Foreign observers who cannot keep this straight ought to refrain from interfering in the democracy of a sovereign ally.
This is a good reminder: the Russian people are also suffering from Putin's brutal invasion. It's in our core interest to help Ukraine win and end this war. wsj.com/world/russia/u…
President Biden wants to raise the corporate tax rate by 7 percentage points—a 33% tax hike. But corporations don't pay taxes. They collect them from people. If Biden gets his way, we'll all pay with higher prices, lower wages, and weaker returns for shareholders.
Inflation remains high—nearly twice the target rate of 2%. American families are still paying the cost of this hidden tax.
Putting activists on public boards is an abuse of the shareholder process. It's unfortunate that President Biden's agencies are supporting this scheme that puts political activism ahead of shareholder value. wsj.com/articles/esg-b…
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185K Followers 763 Following Pittsburgh and Western Pennsylvania's leading source for news and analysis. Support local journalism by subscribing at https://t.co/s46Op9tJe1Great news and long overdue. Bitcoin ETFs are finally open to investors. wsj.com/finance/regula…
The rest of the world is moving to adopt #crypto—from the EU and other parts of Europe to regional powers like Brazil, Japan, and Australia, to diversifying economies like the UAE. And, of course, China via Hong Kong. What's it going to take for the U.S. to step up?
The Fed tried to pull a fast one in their motion to dismiss Custodia Bank's important lawsuit against the Fed for its denial of Custodian's application for a Master Account. The Fed totally mischaracterized my provision from last year's NDAA.
Hey, who’s that guy running the SEC?! cointelegraph.com/news/gary-gens…
It's a really bad idea to systematically and permanently say in the U.S. all deposits are guaranteed by the government. That will lead to bad outcomes, like some version of socializing the banking system because some folks will insist on that. Why would that work? It won't.
America needs action on policies that will reduce chronic permitting delays, encourage more local manufacturing uses and build more energy infrastructure. We applaud @SenToomey for his steadfast commitment to preserving US energy security. 🇺🇸 #TimeToBuild toomey.senate.gov/newsroom/press…
NEW ODD LOTS: @tracyalloway and I talked to Pennsylvania Republican @SenToomey on the sorry state of crypto regulation. He explained his frustration with Gary Gensler's SEC, and he talked about his legislative effort to come up with stablecoin rules bloomberg.com/news/articles/…
New Odd Lots! There's a lot of disagreement over how to regulate crypto right now. @TheStalwart and I speak with @SenToomey about why he's critical of the SEC's current approach, what he would do to fix it, and the prospect of a stablecoin bill. bloomberg.com/news/articles/…
Thank you to @ChrisMurphyCT @SenBlumenthal @ChrisCoons @Sen_JoeManchin @SenatorSinema @JohnCornyn @SenToomey @BillCassidy @SenatorCollins @MartinHeinrich for reaching across the aisle on this compromise bill to save lives. I urge all @SenateDems & @SenateGOP to vote YES.
Here it is, folks - the Bipartisan Safer Communities Act, the most significant piece of anti-gun violence legislation in nearly 30 years. This bill is going to save thousands of lives. 1/ We just released the text. Let me tell you what it does:
A huge thank you to @SenToomey for meeting with @PanCAN advocates and hearing how #pancreaticcancer has impacted their lives. With a 5-year survival rate of just 11%, your support for increased federal funding for research is critical. 💜 #PanCANaction
The ALIGN Act is critical to ensuring U.S. companies can confidently invest in the machinery, equipment, software, and additional tools that make U.S. workers and the U.S. economy more competitive and provide all Americans with valued goods and services.ntu.org/publications/d…
I’m speaking with @SenToomey and Republican colleagues on the Democrats’ new IRS reporting proposal, which raises serious concerns on everything from privacy to data security to increased tax preparation costs and complexity.
🚨 LIVE SOON → Republican Senators discuss the misguided attempt by the IRS to spy on law-abiding Americans’ bank accounts Tune in here at approx. 12:00pET: x.com/i/broadcasts/1…
"The Senate must adopt the bipartisan @RonWyden @SenLummis @SenToomey amendment to ensure that the infrastructure package’s cryptocurrency tax reporting provisions do not destroy a vital part of America’s digital infrastructure." @jberlau bit.ly/3jr0TQX
Today, along with my colleagues @ChuckGrassley, @SenMikeLee, @SenJoniErnst, @SenThomTillis, @SenatorFischer, & @SenToomey, I sent a letter to @POTUS Biden urging the federal government to end the self-inflicted harm from the trade war that is damaging many U.S. businesses.
The Biden tax plan would raise taxes for people earning $400,000 and up. I asked @SenToomey (R-PA) if he would consider a tax increase in the next session of Congress. The full interview on Inside Story Sunday 11:30am on 6abc. #insidestory @6abc
For the last 18 years, @SenToomey has worked hard to improve the lives of Pennsylvanians by advocating for lower taxes, smaller government, and fewer regulations. Sen. Toomey will leave behind an impressive legacy of fiscal conservative leadership for the people of Pennsylvania.
Proud to join my colleagues — absolutely no reason why Pennsylvanians cannot responsibly enjoy outdoor sports for the 2020-2021 season — let them watch responsibly!
I've joined with @RepBrianFitz, @RepJohnJoyce, @RepFredKeller, @MikeKellyPA, @RepMeuser, @RepScottPerry, @GReschenthaler, @RepSmucker, and @CongressmanGT in calling on Gov. Wolf to reconsider his opposition to allowing in-person attendance at outdoor sports.
Gov Wolf’s hypocrisy is on full display. He allows radicals to riot, protest, & ignore gathering limits, but refuses to let law-abiding Pennsylvanians safely watch sports. Proud to join @SenToomey’s letter calling on Wolf to open PA sporting events for socially distanced fans.
There’s no reason why Pennsylvanians cannot responsibly enjoy outdoor sports for the 2020-2021 season. Programs like @Temple_FB, @PennStateFball, and @Pitt_FB are capable of developing plans that keep their fans safe.