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Pat Toomey

'Quite Unlikely' Crypto Legislation Gets to President's Desk in Current Congress: Former Sen. Toomey
Video
Congress
'Quite Unlikely' Crypto Legislation Gets to President's Desk in Current Congress: Former Sen. Toomey
Though the digital assets industry is desperate for regulatory clarity in the U.S., and is fighting legal skirmishes with the SEC while it waits for answers, the long-awaited...
'Quite Unlikely' Crypto Legislation Gets to President's Desk in Current Congress: Former Sen. Toomey
By CoinDesk Staff
Sep 25, 2023 at 2:26 p.m. UTC
Sep 25, 2023
CongressSECcdtvFM ClipPat ToomeySocial_Clip
SEC Seeing Most Cryptocurrencies as Securities Is 'Ridiculous': Former Sen. Pat Toomey
Video
Coinbase
SEC Seeing Most Cryptocurrencies as Securities Is 'Ridiculous': Former Sen. Pat Toomey
U.S. House lawmakers have been making strides in crypto regulation, but could the recent flurry of legislative progress become law? Former Sen. Pat Toomey (R-Pa.) discusses th...
SEC Seeing Most Cryptocurrencies as Securities Is 'Ridiculous': Former Sen. Pat Toomey
By CoinDesk Staff
Sep 25, 2023 at 2:23 p.m. UTC
Sep 25, 2023
CoinbaseSECcdtvCBDCFM Clipcrypto regulationPat ToomeyStateCrypto_Sponsor
Former Republican Sec. Patrick Toomey says he doesn't think the current Senate is able to pass crypto legislation. (Suzanne Cordeiro/Shutterstock/CoinDesk)
Policy
Regulations
Ex-Senator Who Once Shepherded Crypto Legislation Sees No Path in Current Congress
Former Sen. Pat Toomey is pessimistic about legislation moving through this term, but it may be more likely in the next Congress.
Former Republican Sec. Patrick Toomey says he doesn't think the current Senate is able to pass crypto legislation. (Suzanne Cordeiro/Shutterstock/CoinDesk)
By Jesse Hamilton
Sep 21, 2023 at 6:31 p.m. UTC
Sep 21, 2023
RegulationsPat ToomeyCoinbaseLegislationStablecoin legislationSenate Banking Committee
Sen. Pat Toomey on FTX Collapse: 'Code Committed No Crime'
Video
Sam bankman-fried
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 probl...
Sen. Pat Toomey on FTX Collapse: 'Code Committed No Crime'
By CoinDesk Inc
Dec 14, 2022 at 9:16 p.m. UTC
Dec 14, 2022
Sam Bankman-FriedFTXPat Toomeyftxforarc
Sam Bankman-Fried speaks at Consensus C22 (CoinDesk)
Policy
Regulations
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.
Sam Bankman-Fried speaks at Consensus C22 (CoinDesk)
By Nikhilesh De
Dec 8, 2022 at 12:35 a.m. UTC
Dec 8, 2022
RegulationsFTXFTX CollapseSam Bankman-FriedSherrod BrownPat ToomeySenate Banking Committee
Sens. Pat Toomey, Cynthia Lummis and Rep. Patrick McHenry at Consensus 2022 (Shutterstock/CoinDesk)
Policy
Regulations
FTX Collapse Sparks Alarm From US Lawmakers
Lawmakers called for financial regulators to investigate the situation and suggested further legislation is needed.
Sens. Pat Toomey, Cynthia Lummis and Rep. Patrick McHenry at Consensus 2022 (Shutterstock/CoinDesk)
By Nikhilesh De
Nov 11, 2022 at 1:19 a.m. UTC
Nov 11, 2022
RegulationsFTXPat ToomeyPatrick McHenryCynthia LummisSherrod BrownMaxine Waters
U.S. Sen. Pat Toomey (R-Pa.) (Anna Moneymaker/Getty Images)
Policy
Regulations
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.
U.S. Sen. Pat Toomey (R-Pa.) (Anna Moneymaker/Getty Images)
By Nikhilesh De
Aug 17, 2022 at 6:42 a.m. UTC
Aug 17, 2022
RegulationsFDICPat Toomey
U.S. Senators Pat Toomey (left) and Cynthia Lummis (Kevin Dietsch/Getty Images)
Policy
Regulations
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)
By Nikhilesh De
Aug 3, 2022 at 5:42 p.m. UTC
Aug 3, 2022
RegulationsCynthia LummisPat ToomeyKyrsten SinemaInfrastructure Bill
Chairman Sherrod Brown (left) and ranking member Sen. Pat Toomey (Tom Williams-Pool/Getty Images)
Policy
Regulations
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.
Chairman Sherrod Brown (left) and ranking member Sen. Pat Toomey (Tom Williams-Pool/Getty Images)
By Jesse Hamilton
Jul 28, 2022 at 4:18 p.m. UTC
Jul 28, 2022
RegulationsPat ToomeyStablecoinsSherrod BrownSenate Banking CommitteeU.S.Congress
Sen. Pat Toomey (R-Pa.) (Samuel Corum/Getty Images)
Policy
Regulations
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 indu...
Sen. Pat Toomey (R-Pa.) (Samuel Corum/Getty Images)
By Jesse Hamilton
Jul 27, 2022 at 9:00 a.m. UTC
Jul 27, 2022
RegulationsPat ToomeySECGary GenslerCongress