May 24, 2022

ICYMI: Toomey Discusses the U.S. Economic Outlook During World Economic Forum Panel

Washington, D.C. – In case you missed it, U.S. Senate Banking Committee Ranking Member Pat Toomey (R-Pa.) today participated in a panel discussion on the United States Economic Outlook at the World Economic Forum. During the panel, Senator Toomey discussed the decisions that have resulted in 40-year high inflation, including massive spending by Congress and the Federal Reserve continuing its overly accommodative monetary policy long after the pandemic had ended. Ranking Member Toomey also discussed the tremendous potential of digital currencies and his draft legislation establishing a new regulatory framework for payment stablecoins.

Click here to watch the panel discussion.