Pat Toomey (US Sen. ret.)

Pat Toomey (US Sen. ret.) @SenToomey

While #crypto has the potential to become part of our everyday lives, the current tax code stands in the way. @SenatorSinema and I are teaming up to make it easier to use digital currencies as a common method of payment by exempting from taxes small personal transactions. https://t.co/B6K3jT7GBC — PolitiTweet.org

Pat Toomey (US Sen. ret.) @SenToomey

But the SEC’s regulation-by-enforcement approach to digital assets poses a serious challenge for any well-meaning innovator who’s striving to comply with existing laws and regulations. Providing regulatory clarity prior to enforcement would benefit regulators and investors alike. — PolitiTweet.org

Pat Toomey (US Sen. ret.) @SenToomey

Let me be clear: Any violation of the law should certainly be prosecuted. — PolitiTweet.org

Pat Toomey (US Sen. ret.) @SenToomey

Yesterday’s enforcement action is the perfect example of the SEC having a clear opinion on how and why certain tokens classify as securities. Yet the SEC failed to disclose their view before launching an enforcement action. — PolitiTweet.org

Pat Toomey (US Sen. ret.) @SenToomey

It was also a productive conversation about the negative impact of the international tax agreement that the Biden Administration and OECD negotiated. — PolitiTweet.org

Pat Toomey (US Sen. ret.) @SenToomey

In our conversation, I emphasized the dire need for the Western world to aid Ukraine as it fights Putin's aggression. I expressed appreciation for the Hungarians' efforts to accept refugees, but asserted the need for more effort by both of our govts to ensure Ukraine prevails. — PolitiTweet.org

Pat Toomey (US Sen. ret.) @SenToomey

Today, I discussed the OECD International Tax Agreement, the Biden Admin's plan to withdraw from the 40+ yr U.S.-Hungary tax treaty, and Putin's war in Ukraine with the Hungarian Ambassador and Minister of Foreign Affairs & Trade. — PolitiTweet.org

Pat Toomey (US Sen. ret.) @SenToomey

RT @BankingGOP: .@WSJopinion: "History shows that easy gov’t money can undermine competitiveness. It often leads to inefficient spending an… — PolitiTweet.org

Pat Toomey (US Sen. ret.) @SenToomey

Today’s inflation report is shocking and devastating for American families. This should be the final nail in the coffin of any additional spending binges by the Biden administration and Democrats in Congress, which would only make this disastrous situation even worse. — PolitiTweet.org

Pat Toomey (US Sen. ret.) @SenToomey

RT @TheHillEvents: .@SenToomey joins @SCClemons on the stage at #TheHillRetirement to discuss what Congress can do to secure America’s reti… — PolitiTweet.org

Pat Toomey (US Sen. ret.) @SenToomey

The only reason the Biden Admin is pursuing this tax agreement is to justify tax increases in the U.S. These increases are neither justified nor wise, & will slow growth while the economy may be entering a recession. Corporate tax revenues are running at record highs. — PolitiTweet.org

Pat Toomey (US Sen. ret.) @SenToomey

The Hungarian gov’t opposed the global minimum tax to protect their workers & businesses, yet the Biden Admin is punishing them for it by ending a 40+ yr tax treaty. — PolitiTweet.org

Pat Toomey (US Sen. ret.) @SenToomey

Former-Japanese Prime Minister Abe was an admirable statesman whose leadership strengthened not only his own country but also global security and stability. His assassination is appalling and shocking. My thoughts are with his family and his country as they mourn. — PolitiTweet.org

Pat Toomey (US Sen. ret.) @SenToomey

Former-Japanese Prime Minister Abe was an admirable statesman who’s leadership strengthened not only his own country but also global security and stability. His assassination is appalling and shocking. My thoughts are with his family and his country as they mourn. — PolitiTweet.org

Pat Toomey (US Sen. ret.) @SenToomey

As many Americans joined together to celebrate the 4th, law enforcement officers went to work to keep us safe. Two officers in Philly were injured by gunshots doing just that. My thoughts are with the officers and their families. Wishing them a speedy recovery. — PolitiTweet.org

Pat Toomey (US Sen. ret.) @SenToomey

This is absolutely horrendous. I’m thankful law enforcement were able to act quickly to apprehend a suspect. As this community mourns this tragic loss of life, it’s important our country and communities support one another. — PolitiTweet.org

Pat Toomey (US Sen. ret.) @SenToomey

Today, we celebrate the greatest country on earth! Happy Fourth of July! — PolitiTweet.org

Pat Toomey (US Sen. ret.) @SenToomey

I’m pleased that the SEC’s decision will now be subject to court review, and hope the court decides more Americans should have access to these new investment options. — PolitiTweet.org

Pat Toomey (US Sen. ret.) @SenToomey

Their blanket rejection of numerous Bitcoin spot ETFs—despite the SEC’s prior approvals of Bitcoin futures ETFs—demonstrates how this SEC has arbitrarily chosen to deny investors access to financial products. — PolitiTweet.org

Pat Toomey (US Sen. ret.) @SenToomey

Their blanket rejection of numerous Bitcoin spot ETFs—despite the SEC’s prior approvals of Bitcoin futures ETFs—demonstrates how this SEC has arbitrarily choosen to deny investors access to financial products. — PolitiTweet.org

Pat Toomey (US Sen. ret.) @SenToomey

The @SECGov under Chairman Gensler has imposed enormous costs on investors with no legitimate rationale. — PolitiTweet.org

Pat Toomey (US Sen. ret.) @SenToomey

In this case, the EPA attempted to expand its authority to regulate emissions beyond the authority granted to them by Congress. In a democratic society, these decisions must be made by elected officials who are accountable to the American people—not unelected regulators. — PolitiTweet.org

Pat Toomey (US Sen. ret.) @SenToomey

We've seen this effort particularly among financial regulators, whether it’s the SEC attempting to impose a new climate change disclosure regime or the Fed allocating capital away from the fossil fuel industry to accelerate a transition to a low carbon economy. — PolitiTweet.org

Pat Toomey (US Sen. ret.) @SenToomey

The Supreme Court’s decision on the EPA is a win for the democratic process. There's been a concerted effort by the Left to try to achieve through unelected, unaccountable branches of government what they can’t achieve through the legislative process. https://t.co/fvZWDCdHqi — PolitiTweet.org

Pat Toomey (US Sen. ret.) @SenToomey

Precedents that are wrongly decided should be overturned, just as Brown v. Board of Education was right to overturn Plessy v. Ferguson. This ruling is a win for the unborn, the Constitution, and democratic governance. — PolitiTweet.org

Pat Toomey (US Sen. ret.) @SenToomey

The U.S. Supreme Court’s ruling on Dobbs v. Jackson Women’s Health Organization restores the American people’s ability to determine abortion laws through their elected representatives, as the Constitution requires. — PolitiTweet.org

Pat Toomey (US Sen. ret.) @SenToomey

Once signed into law, this bill will make our communities safer while protecting the Second Amendment rights of law-abiding Americans. — PolitiTweet.org

Pat Toomey (US Sen. ret.) @SenToomey

I appreciate the bipartisan leadership of Senators @ChrisMurphyCT, @JohnCornyn, @SenatorSinema, and @SenThomTillis in working with me and more than a dozen of my colleagues to create this bipartisan legislation. — PolitiTweet.org

Pat Toomey (US Sen. ret.) @SenToomey

This isn’t a gun control bill—it’s commonsense legislation to strengthen background checks, provide federal assistance for state crisis intervention programs, enhance penalties for gun trafficking & straw purchases, & invest in school safety & mental health. — PolitiTweet.org

Pat Toomey (US Sen. ret.) @SenToomey

For almost a decade, @Sen_JoeManchin & I have worked w/ Republicans & Democrats to keep firearms out of the hands of criminals & the dangerously mentally ill. With the passage of the Bipartisan Safer Communities Act, we’ve taken a significant step forward in achieving that goal. — PolitiTweet.org