Pat Toomey (US Sen. ret.) (@sentoomey) 's Twitter Profile
Pat Toomey (US Sen. ret.)

@sentoomey

Twitter account for former-U.S. Senator Pat Toomey. Husband. Father.

ID: 221162525

calendar_today29-11-2010 22:32:09

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Pat Toomey (US Sen. ret.) (@sentoomey) 's Twitter Profile Photo

Today was a banner day for the Senate Banking Committee.  Congratulations to Chairman Tim Scott for restoring the committee’s legislative functioning.

Pat Toomey (US Sen. ret.) (@sentoomey) 's Twitter Profile Photo

I applaud @Banking GOP for advancing the FIRM Act, moving the nation one step closer to stopping government overreach & safeguarding free markets.

Pat Toomey (US Sen. ret.) (@sentoomey) 's Twitter Profile Photo

I also applaud the bipartisan advancement of the GENIUS Act, legislation that will, at long last, enable a sensible regulatory framework for stablecoins.

Pat Toomey (US Sen. ret.) (@sentoomey) 's Twitter Profile Photo

The OCC has ceased examinations for reputation risk after years of overreach. While this is a welcomed step, we must codify these assurances into law. This FIRM Act would help achieve this. More: forfreemarkets.org/affm-statement…

Pat Toomey (US Sen. ret.) (@sentoomey) 's Twitter Profile Photo

When it comes to addressing debanking, State Sen. Senator Tan Parker's resolution is the right model. Congress and the Trump Administration are leading on this issue — states should let them. atr.org/texas-leads-on…

Pat Toomey (US Sen. ret.) (@sentoomey) 's Twitter Profile Photo

As a member of the  Paradigm Policy Council, I’m excited to share Paradigm’s proposed market structure principles, laying out clear guidelines and protections for DeFi. paradigm.xyz/2025/04/market…

Pat Toomey (US Sen. ret.) (@sentoomey) 's Twitter Profile Photo

Thank you to @ForFreeMarketsfor the opportunity to speak with Brendan Pedersen on the important issue of America’s “debanking” abuse. We had a productive discussion on the need to rein in government overreach and safeguard our free markets. More: forfreemarkets.org/icymi-former-u…

Pat Toomey (US Sen. ret.) (@sentoomey) 's Twitter Profile Photo

Coinbase’s acquisition of Deribit is a defining moment for the crypto markets. With Deribit’s dominance in options and Coinbase’s existing scale in futures and perps, this deal creates a derivatives powerhouse. It’s a strategic leap that will shape the global financial landscape.

Pat Toomey (US Sen. ret.) (@sentoomey) 's Twitter Profile Photo

Congrats to Summer Mersinger on becoming the CEO of Blockchain Association! She brings a great background at a very important moment for crypto. Outgoing CEO Kristin Smith will be missed. She did a great job building BA into a strong and influential organization. Good luck KS!

Pat Toomey (US Sen. ret.) (@sentoomey) 's Twitter Profile Photo

Great thread from Faryar. He’s right. Stablecoins will play a transformative role in the payments space and beyond. The senate must pass the GENIUS Act so the US can lead this tech.

Pat Toomey (US Sen. ret.) (@sentoomey) 's Twitter Profile Photo

We’re closer than ever to passing sensible crypto legislation and it can’t come soon enough. Thanks for having me on to discuss this and more, @bloombergTV. bloomberg.com/news/videos/20…

Pat Toomey (US Sen. ret.) (@sentoomey) 's Twitter Profile Photo

Blockchain technology has transformative potential—but only if we create clear rules and regulations. We’ve updated old laws to empower innovation before, and we can do it again. Good to see Financial Services GOP keeping momentum going with the markup tomorrow.