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...The letter is addressed to both Senate Majority and Minority Leaders Charles Schumer and Mitch McConnell, as well as leading senators such as Republican Patrick Toomey and Democrat Ron Wyden, both of whom...
...Toomey decided not to run for re-election and his Senate term ends in January....
...Toomey had been a banker in the 1980s, with stints at Chemical Bank and Morgan Grenfell before serving two terms in the Senate....
...“While some of our banking regulators have been distracted, they’ve failed to address real challenges facing the financial system,” Toomey said....
...Complaints from Pennsylvania senator Pat Toomey, who later stood down from Congress — there’s nothing as brave as a retiring lawmaker — got too little support from colleagues....
...Fetterman will replace Pat Toomey, a Republican, who is retiring. The White House said US president Joe Biden had sent Fetterman his congratulations by text message....
...Patrick Toomey, the top Republican on the committee, slammed the regulators focusing on issues that he said are outside of their mandates, including climate-related financial risks, and in turn failing to...
...It was only in November, once philosopher king US senator Pat Toomey had pointed out how, in reality, “everything is transitory — life is transitory” that Powell said he would try to “explain more clearly...
...John Fetterman, 53, is the only US Senate candidate who “flipped” a seat in the midterms, defeating former television personality Mehmet Oz in an open contest in Pennsylvania to replace Republican Pat Toomey...
...It’s not going to do any good,” Toomey said. Democrats have stressed the legislation will not increase taxes for Americans making less than $400,000 a year....
...Despite that victory, however, Toomey insisted the former president’s influence on the party is waning....
...On Tuesday, two US senators — Democrat Chris Van Hollen and Republican Pat Toomey — published a “framework for new Russia sanctions”....
...Democrats have targeted the US Senate seat since the incumbent Republican, Pat Toomey, announced he would retire at the end of his six-year term....
...In the crucial swing state of Pennsylvania, Democrat John Fetterman delivered a major victory for Democrats by winning the Senate seat vacated by the Republican Pat Toomey....
...When pressed by Toomey about how the Fed would factor in climate risks into bank stress tests, Barr indicated those audits would not be used to penalise banks that lend to energy companies....
...For instance, someone that we spoke to was Pat Toomey, who’s the most senior Republican on the Senate Banking Committee....
...When asked about the stand-off, Schumer told reporters on Capitol Hill: “We hope that chairman [Sherrod] Brown and Senator Toomey can work this out.”...
...She has denied any wrongdoing, “Important questions about Ms Raskin’s use of the ‘revolving door’ remain unanswered largely because of her repeated disingenuousness,” Toomey said....
...Pat Toomey, the top Republican on the Committee, last week admonished Raskin and Cook for “serious omissions” in submitted paperwork ahead of their appearance — “shoddy compliance” that he said showed “a...
...Oz and McCormick fought a close and occasionally rancorous race to contest the Senate seat, which has been opened by the retirement of the incumbent Republican Pat Toomey....
...There was better news for Democrats in the closely watched Pennsylvania Senate seat vacated by Pat Toomey....
...Toomey on Friday said he had “concerns” about Biden’s pick, and said the CFPB he spearheaded was “unconstitutional and unaccountable”....
...In a statement on Tuesday, Toomey said: “The Senate’s bipartisan rejection of Sarah Bloom Raskin’s nomination sends a powerful message to the Fed . . . that it is not their job to allocate capital or stray...
...Pat Toomey, the top Republican on the Senate banking committee, said during a hearing last year, at which Dimon testified, that he was “concerned about increasing pressure on banks to embrace ‘wokeism’”....
...Pat Toomey, the highest-ranking Republican senator on the banking committee, resurrected those complaints on Tuesday, calling Cook “unqualified” to help the Fed to combat high inflation....
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