Senator Pat Toomey, ranking member of the Senate Banking Committee, says he’s prepared to fix the broad definition of a cryptocurrency broker that’s contained within the Biden administration’s infrastructure bill bogged down in Congress. The comments come as the House is pushing for an imminent vote on a $550 billion so-called “hard” infrastructure bill, which would invest in bridges to roads and the nation’s broadband, water and energy systems. The legislative language includes a… Source link
Read More »Senator Toomey accuses Fed banks of dodging Congressional requests
Pat Toomey (R-PA) speaks during a news conference to introduce the Republican infrastructure plan, at the U.S. Capitol in Washington, U.S., April 22, 2021. REUTERS/Erin Scott A leading GOP senator is threatening to draft “transparency and accountability” laws directed at the nation’s independent central bank after accusing four of the Federal Reserve’s regional banks of dodging Congressional requests for documents. Pat Toomey of Pennsylvania, the top ranking Republican of the Senate… Source link
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