Pat Toomey

CoinDesk - Unknown
Sen. Pat Toomey on FTX Collapse: 'Code Committed No Crime'
"Code committed no crime," Sen. Pat Toomey (R-Pa.) said Wednesday during a U.S. Senate hearing on the collapse of Sam Bankman-Fried's crypto exchange FTX. "With FTX, the problem was not with the instruments that were used. The problem was the misuse of customer funds."
CoinDesk - Unknown

CDCROP: Sam Bankman-Fried speaks at Consensus C22 (CoinDesk)
Senate Committee to Subpoena FTX's Sam Bankman-Fried if He Does Not Testify Voluntarily
The Senate Banking and House Financial Services committees are holding hearings on FTX's collapse next week.
CDCROP: Sam Bankman-Fried speaks at Consensus C22 (CoinDesk)

CDCROP: Sens. Pat Toomey, Cynthia Lummis and Rep. Patrick McHenry at Consensus 2022 (Shutterstock/CoinDesk)
FTX Collapse Sparks Alarm From US Lawmakers
Lawmakers called for financial regulators to investigate the situation and suggested further legislation is needed.
CDCROP: Sens. Pat Toomey, Cynthia Lummis and Rep. Patrick McHenry at Consensus 2022 (Shutterstock/CoinDesk)

CDCROP: U.S. Sen. Pat Toomey (Anna Moneymaker/Getty Images)
US Regulator 'Improperly' Pushing Banks to Avoid Serving Crypto Companies, Lawmaker Says
Sen. Pat Toomey said whistleblowers had informed him the FDIC was pressuring banks to stop providing services to crypto companies.
CDCROP: U.S. Sen. Pat Toomey (Anna Moneymaker/Getty Images)

U.S. Senators Pat Toomey (left) and Cynthia Lummis (Kevin Dietsch/Getty Images)
US Lawmakers Move to Clarify Definition of 'Brokers' in 2021 Infrastructure Law
The bill would exclude miners, stakers and other parties who may not have the tax reporting information needed to otherwise comply.
U.S. Senators Pat Toomey (left) and Cynthia Lummis (Kevin Dietsch/Getty Images)

CDCROP: Chairman Sherrod Brown, D-Ohio, left, and ranking member Sen. Pat Toomey, R-Pa. (Tom Williams-Pool/Getty Images)
US Senate Republican Seeking Bipartisan Support for Stablecoin Oversight Effort
The ranking Republican on the Senate Banking Committee is talking to Democrats, including Chairman Sherrod Brown, to gain broader support.
CDCROP: Chairman Sherrod Brown, D-Ohio, left, and ranking member Sen. Pat Toomey, R-Pa. (Tom Williams-Pool/Getty Images)

Senator Pat Toomey (R-Pa.)
Top GOP Senator Slams SEC for Ignoring Crypto Turmoil
The ranking Republican on the Banking Committee accused the agency of failing to provide regulatory clarity that could have prevented Celsius' bankruptcy and other recent industry damage.
Senator Pat Toomey (R-Pa.)

CoinDesk - Unknown
Washington’s Crypto Awakening: The Lawmaker Town Hall
Top lawmakers Sen. Kirsten Gillibrand (D-NY), Sen. Cynthia Lummis (R-WY), Rep Patrick McHenry (R-NC) and Sen. Pat Toomey (R-PA) discuss crypto policy at Consensus 2022 in Austin, Texas. Moderator: Jesse Hamilton, Deputy Managing Editor, Global Policy and Regulation, CoinDesk
CoinDesk - Unknown

CoinDesk placeholder image
Stablecoins Could Still Dominate Post-Terra, S&P Says
Not all stablecoins are alike, analysts note, but regulations may be needed to precipitate audits and investor fairness.
CoinDesk placeholder image

CoinDesk - Unknown
Washington’s Crypto Awakening: The Lawmaker Town Hall
Top lawmakers Sen. Kirsten Gillibrand (D-NY), Sen. Cynthia Lummis (R-WY), Rep Patrick McHenry (R-NC) and Sen. Pat Toomey (R-PA) discuss crypto policy at Consensus 2022 in Austin, Texas. Moderator: Jesse Hamilton, deputy managing editor, Global Policy and Regulation, CoinDesk
CoinDesk - Unknown