Former Sen. Pat Toomey on 2024 race
September 3, 2024
Former U.S. Senator Pat Toomey (R-Pa.) joins ‘Squawk Box’ to discuss the state of the 2024 race, Harris vs. Trump economic agendas, and more.
Former U.S. Senator for Pennsylvania
Senator Pat Toomey represented Pennsylvania in the U.S. Congress for 18 years, including 12 years in the Senate. Sought out by his colleagues for his views on economic policy, financial regulation, and budgetary issues, The Philadelphia Inquirer labeled Senator Toomey “a leading voice on money matters,” and The Wall Street Journal named him “the Senate’s most valuable player.” As a champion for pro-growth reforms in taxes, financial regulations, and healthcare, Mr. Toomey brings his experience and knowledge of the U.S. economy, politics, and what to expect from Congress to audiences and with his finger on the pulse of what is happening in Pennsylvania politics, he can expand his remarks to the future of his party. Senator Toomey continues to be a frequent guest on CNBC, NBC, Bloomberg, FOX, and FOX Business. His editorials have appeared in The Wall Street Journal, The Washington Post, and The Philadelphia Inquirer, among many other publications, and he has over 190,000 Twitter followers.
Senator Toomey draws on his extensive experience to give audiences an understanding of the impact of current events and the political landscape on such issues as American elections, the economy, unemployment, immigration, U.S. foreign policy, the war in Ukraine and other critical issues facing the country here at home and around the world. Toomey addresses the course ahead for the President and Congress examining the efforts of both political parties as they look to solve the major issues facing our country today
Senator Toomey has significant experience prior to and during his tenure serving in the United States Congress as a Representative and then Senator promoting and implementing pro-growth economic policies to keep the US moving forward. His keen ability to provide economic insights on the big issues of the day allows him to address current economic situations and provide insights and strategic advice for business growth and success.
Drawing on his extensive experience in Congress, Senator Toomey decodes how audiences from every industry will be affected by evolving trade and tax policies. Serving on the Finance, Budget and Banking committees, including serving as Ranking Republican on the Senate Banking Committee, Toomey adds an insider’s view on the debates on U.S. taxes, regulations, sanctions and tariffs and the evolving landscape imposed by a US shift toward protectionism.
Pat Toomey represented Pennsylvania in the U.S. Senate from 2011 to 2023.
Sought out by his colleagues for his views on economic and tax policy, financial regulation, and budgetary issues, Senator Toomey was labeled by the Philadelphia Inquirer as “a leading voice on money matters.”
As a senior member of the Senate Finance Committee, Senator Toomey successfully led the 2017 tax reform effort culminating in the passage and enactment of the Tax Cuts and Jobs Act—the most sweeping tax reform in over 30 years.
Capping his twelve-year service on the Senate Committee on Banking, Housing and Urban Affairs, Senator Toomey served as the committee’s senior-most Republican from 2021 through 2023. In that post, he helped recruit and confirm many highly qualified nominees to the nation’s most powerful regulatory bodies. When necessary, he also blocked ill-suited nominees. He focused on restoring disciplined monetary policy post-Covid; overseeing all Federal financial regulators; and he developed a blueprint for the regulation of stablecoins, among other things.
Senator Toomey previously served in the U.S. House of Representatives for six years. Honoring his pledge to limit himself to three terms, he did not seek re-election to the House in 2004.
In addition to his public service, the senator has also worked in the financial services industry, trading and managing a portfolio of fixed income derivatives. He served as president of the Club for Growth and owned and operated a small restaurant chain in the Lehigh Valley, PA with his brothers. In February 2023, Toomey joined the board of directors of Apollo Global Management.
Senator Toomey has been a frequent guest on CNBC, NBC, Bloomberg, FOX and FOX Business. His editorials have appeared in the Wall Street Journal, The Washington Post and The Philadelphia Inquirer, among many other publications.
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