Senator Toomey

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Sen. Toomey Questions FDIC on Allegations of Discouraging Banking Relations with Crypto Entities

20 Aug 2022 3 minute read 0 comments kev_nag

Pennsylvania Senator Pat Toomey, ranking member of the United States Senate Banking Committee, has sent a letter to Federal Deposit Insurance Corporation (FDIC) director and acting chairman Martin Gruenberg informing him of allegations made by a whi...

Sen. Toomey Questions FDIC on Allegations of Discouraging Banking Relations with Crypto Entities

Senator Toomey Believes the SEC is to Blame for the Crypto Lending Protocol Crisis

30 Jul 2022 3 minute read 4 comments kev_nag

“According to Senator Pat Tomey, famous for his vocal support for the crypto industry, the United States Securities and Exchange Commission (SEC) could have prevented the loss of $12 billion in assets by investors who trusted Celsius, a crypto lendin...