MARCH – In the News
March 30, 2017
GOP Should Go It Alone on Gutting Bank Rules, Senator Says
Republicans can’t count on Democrats backing any major effort to ease banking rules during Donald Trump’s presidency, so it could be time for the GOP to go it alone, a key lawmaker said Thursday.
Making big changes to the Dodd-Frank Act that would rein in the Consumer Financial Protection Bureau or limit regulators’ ability to provide a lifeline to failing banks probably won’t win bipartisan support, U.S. Senator Pat Toomey said Thursday. That’s why Republicans should force through some revisions to the 2010 law through a budget process known as reconciliation that won’t require votes from Democratic senators, the Pennsylvania Republican said. Read more
Click on money bag at the bottom of the Toomey page to see his campaign contributers or click here
March 30, 2017
Republican senator ‘frustrated’ by White House inaction on MedLife case
March 30 (Reuters) – A Republican member of the Senate Banking Committee said on Thursday that he was “frustrated” that the Trump administration had not yet dropped the government’s case against Metlife Inc, an insurer challenging its “too big to fail” designation.
Senator Pat Toomey of Pennsylvania said slow action by the administration could entrench regulations pursued by former U.S. president Barack Obama. In particular, Toomey said he was surprised that the White House had not yet dropped the government’s appeal in the MetLife case.
The Financial Stability Oversight Council, which is now headed by Treasury Secretary Steven Mnuchin, is fighting MetLife over the Obama administration’s decision that the company, as a critical part of the financial system, requires stricter oversight.
MetLife challenged its designation and last year won an initial ruling that the government panel erred in giving it that label. But the Obama administration appealed that ruling, and the new team Trump put in place has not yet moved to scrap that appeal, which is still pending.
“I remain disappointed and a little frustrated that we haven’t dropped that appeal, because as we know, that decision by the D.C. Circuit Court could be out at any time,” he said at the Capital Markets Summit hosted by the U.S. Chamber of Commerce. Read more
March 28, 2017
Sen. Toomey:”We’ll get to a town hall at some point:
It can be “a little bit hard” to hold town hall meetings in Pennsylvania while being based in Washington, D.C., U.S. Sen. Pat Toomey admitted this week, but he said he’s still “pretty sure [he’s] done more town hall meetings than any other statewide, elected Republican … maybe for a long time.”
Toomey made the comments on Monday during a nearly 20-minute-long radio interview on KDKA’s “Mike Pintek Show” out of Pittsburgh, where he talked about the health care plan, President Donald Trump’s Supreme Court justice nominee Neil Gorsuch and meeting with his constituents. Read more
March 27, 2017
Sen. Pat Toomey ‘Disappointed’ Obamacare Not Repealed
PITTSBURGH (NewsRadio 1020 KDKA) — U.S. Sen. Pat Toomey called the decision to pull the GOP Healthcare bill off of the floor “a set-back,” but added, “It ain’t over yet.”
Toomey said The American Health Care Act was pulled from the floor because “it didn’t have the votes.” Read more
March 24, 2017
Toomey voted to allow Comcast, other ISPs to sell your private data to the highest bidder
Pat Toomey, the U.S. senator from Pennsylvania, was one of 50 Republicans voting Thursday to roll back the Federal Communications Commission’s landmark broadband privacy rules for internet service providers.
The action is the first step toward allowing internet providers such as Comcast, AT&T and Verizon to sell your browsing habits and other personal information as they expand their own online ad businesses. Read more
March 23, 2017
The Daily Item
UPDATED: Sen. Casey and Schumer say no to Gorsuch, Toomey says yes
Pennsylvania Sen. Bob Casey said Thursday he will not support President Donald Trump’s Supreme Court nominee, Neil Gorsuch, who the senator said has a “disconnect” with Americans.
“I do not believe Judge Gorsuch’s judicial approach will ensure fairness for workers and families in Pennsylvania,” Casey said. The senator said Gorsuch’s previous rulings indicate a lack of empathy for the everyday experiences of Americans. Read more
March 20, 2017
Sen. Pat Toomey’s Serious Medicaid Idea
Conservatives hate the Obamacare Medicaid expansion? Here’s an idea for slowing the vast cost increases that deserves a hearing.
One of the most controversial aspects of Republican efforts to repeal and replace the Affordable Care Act has been Medicaid. The program, which was originally meant to help poor Americans obtain health insurance, was expanded under Obamacare, and it will be dramatically overhauled if Republicans pass their replacement plan. Read more
March 7, 2017
Post-Gazette: Early Returns
When U.S. Senator Pat Toomey announced he’d be moving his Pittsburgh district office from its long-time Station Square location to a Downtown office building this month, some of the protesters who’ve been holding weekly “Tuesday with Toomey” demonstrations there were suspicious it was an attempt to dodge them. Read more