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Pat Toomey (US Sen. ret.)
6,385 posts
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Pat Toomey (US Sen. ret.)
@SenToomey
Twitter account for former-U.S. Senator Pat Toomey. Husband. Father.
Joined November 2010
50
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170K
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  • Pat Toomey (US Sen. ret.) reposted
    user avatar
    Faryar Shirzad 🛡️
    Coinbase 🛡️
    @faryarshirzad
    May 19
    A quick note on U.S. crypto ownership & usage. Estimates vary based on who is asking and how. The @federalreserve focuses on recent usage, while independent polls track ownership.Bottom line: all credible data points to tens of millions of Americans engaging with crypto. • The
    8.3K
  • user avatar
    Pat Toomey (US Sen. ret.)
    @SenToomey
    May 15
    Congrats to @SenatorTimScott, @SenLummis, and all the Senators who voted to advance Clarity in the Banking Com. yesterday. Big step forward for American innovation and consumers. Next, the Senate floor!
    3.3K
  • user avatar
    Pat Toomey (US Sen. ret.)
    @SenToomey
    Apr 13
    Gov’t shouldn’t complicate what the market already does well. These interchange fee bills in PA and DE could disrupt payments for consumers, create new burdens for small businesses, and make earning tips harder. Read my newest op-ed in @PhillyInquirer:
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    Toomey: Getting rid of merchant ‘swipe fees’ would punish consumers | Opinion
    From inquirer.com
    1.6K
  • Pat Toomey (US Sen. ret.) reposted
    user avatar
    Faryar Shirzad 🛡️
    Coinbase 🛡️
    @faryarshirzad
    Apr 2
    The @USOCC's conditional approval of @coinbase's national trust charter is a landmark moment. Enormous thanks to @USComptroller Jonathan Gould and his team for their diligent review of our application and the fair application of the law.
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    Coinbase Receives Conditional OCC Approval: Building the Future of Finance
    From coinbase.com
    9.2K
  • user avatar
    Pat Toomey (US Sen. ret.)
    @SenToomey
    Mar 26
    For working families, homeownership has only gotten tougher. Coinbase has a smart new product—expanding access to homeownership without compromising standards. Our financial system needs to evolve with how people actually build wealth, today.
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    Coinbase 🛡️
    @coinbase
    Mar 26
    Get your house and keep your crypto. Crypto-backed mortgages are here - increasing access to homeownership for millions of Americans. Buy a home without converting your portfolio by using BTC or USDC as collateral for your down payment. Offered by Better, powered by Coinbase.
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    3.1K
  • Pat Toomey (US Sen. ret.) reposted
    user avatar
    Faryar Shirzad 🛡️
    Coinbase 🛡️
    @faryarshirzad
    Mar 18
    The @SECGov and @CFTC joint interpretive release on crypto is a big deal. Since the 1970s, the agencies have been locked in a jurisdictional battle. They’ve sued each other, banned entire products (like single-stock futures for 20 years), and left innovators in a "no-man's land."
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    2.7K
  • user avatar
    Pat Toomey (US Sen. ret.)
    @SenToomey
    Mar 6
    Check out my interview with Stuart Varney at FOX Business: iqmediacorp.com/ClipPlayer/?Cl…
    943
  • user avatar
    Pat Toomey (US Sen. ret.)
    @SenToomey
    Feb 18
    Current banking regulations incentivize over-reporting and account closures, often without explanation. @EconWithNick notes: Americans deserve fair access to banking and clear due process protections. That’s a regulatory failure Congress should fix.
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    Nick Anthony
    @EconWithNick
    Feb 17
    What makes an activity “suspicious”? cato.org/blog/how-suspi…
    9.5K
  • user avatar
    Pat Toomey (US Sen. ret.)
    @SenToomey
    Feb 14
    Stephen Gandel is right about banks’ claim that stablecoins will pull deposits from the banking system on aggregate—it’s not possible. Read why:
    A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo August 2, 2011. REUTERS/Yuriko Nakao/File Photo
    Breakingviews - Why US banks' stablecoin pleading is flawed
    From reuters.com
    3.6K
  • Pat Toomey (US Sen. ret.) reposted
    user avatar
    Faryar Shirzad 🛡️
    Coinbase 🛡️
    @faryarshirzad
    Feb 4
    In Brussels today at the European Parliament @Europarl_EN a full house gathered to discuss tokenization in the future of Europe’s financial system. Great to see the momentum behind blockchain infrastructure in Europe, and to see my @coinbase colleague Roeland Van Der Stappen
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    2.9K
  • user avatar
    Pat Toomey (US Sen. ret.)
    @SenToomey
    Jan 15
    Check out my op-ed in today’s Financial Times on why stablecoins holders should be allowed to earn interest:
    user avatar
    Financial Times
    @FT
    Jan 14
    Don’t believe the banks lobbying against stablecoins ft.trib.al/UMOxfSS | opinion
    34K
  • user avatar
    Pat Toomey (US Sen. ret.)
    @SenToomey
    Jan 14
    Check out my LTE in today’s WSJ:
    How to Get Cryptocurrency Regulation Right
    Opinion | How to Get Cryptocurrency Regulation Right
    From wsj.com
    1.8K
  • user avatar
    Pat Toomey (US Sen. ret.)
    @SenToomey
    Jan 13
    Gov’t capping credit card int. rates at 10% won’t help consumers. It will restrict lending, raise costs, and reduce choice. If lenders can’t be compensated for the risk of unsecured lending, they will stop lending. And consumers will have to turn to more expensive alternatives
    58K

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