Toomey Tapped to Serve on Economic Oversight Committee

Pennsylvania’s GOP Senator will serve on a panel to coordinate the oversight of the “biggest rescue package in the history of Congress.” 

On Friday afternoon, Senate Majority Leader Mitch McConnell selected Sen. Pat Toomey to serve on the five member Congressional Oversight Commission, which was established by the CARES Act to specifically focus on the “economic stabilization efforts of the Treasury Department and the Federal Reserve.” 

“I appreciate Leader McConnell’s confidence in appointing me to the Congressional Oversight Commission,” Toomey said in a statement. “The Treasury Department and the Federal Reserve are being entrusted with enormous resources and authority to stabilize the economy. As a commissioner, my goal will be to protect the taxpayers by ensuring those resources are used in an appropriate, equitable, and pro-growth manner.”

In a release announcing Toomey’s selection on the panel, McConnell said that the oversight for the committee will be “appropriate, objective, and nonpartisan” and lauded the Pennsylvania Senator as “one of the sharpest members of the Senate.”

“Senator Toomey is one of the sharpest members of the Senate,” McConnell said. “He is a leader on economics and finance and a key member of the Finance, Banking, and Budget Committees. The Commission will benefit greatly from his expertise.”

Sen. Mike Crapo (R-ID), chairman of the Senate Banking Committee, will coordinate the Senate’s oversight of the CARES Act. Others who were selected to serve on the committee are Rep. Donna Shalala (D-FL), who was picked by House Speaker Nancy Pelosi, former Rep. French Hill (R-AR), who was selected by House GOP Leader Kevin McCarthy, and Bharat Ramamurti, a former aide to Sen. Elizabeth Warren (D-MA), was chosen by Senate Democratic leader Chuck Schumer.

April 20th, 2020 | Posted in Front Page Stories, Senate, Top Stories | 6 Comments

6 thoughts on “Toomey Tapped to Serve on Economic Oversight Committee”

  1. Lil Nicky says:

    Toomey for Gov 2022!

    1. dnc says:

      Awesome!!! Never of thought of it…after having Wolf bumble around for years…I’d be happy and bettr off with Buffalo Bill Bob!

  2. dnc says:

    and Casey is on the ball…yoh boboos…he’s sleep walking….keeps hidden and out fo sight….he’s really stupid not to mention his supporters IQ

  3. Bono says:

    Toomey only wants to enrich himself. Let’s not forget he once
    represented the Club for Growth.

  4. The Huckabeast says:

    Toomey has done more damage to the middle class the last 20 years. He should have been gone in 2016 and never should have won in n 2010 in the first place.

  5. David Diano says:

    Peter’s Principle in action. It is difficult to pick the worst person possible, but McConnell nailed it.

    Toomey is as sharp as a handful of silly-putty.

    Toomey Translator:
    Give rich people more money is what “pro-growth” means.
    “protect the taxpayers” means try to prevent the 1% from paying taxes.

    Toomey said: “As a commissioner, my goal will be to protect the taxpayers by ensuring those resources are used in an appropriate, equitable, and pro-growth manner.”

    ——
    In a release announcing Toomey’s selection on the panel, McConnell said that the oversight for the committee will be “appropriate, objective, and nonpartisan” and lauded the Pennsylvania Senator as “one of the sharpest members of the Senate.”
    “Senator Toomey is one of the sharpest members of the Senate,” McConnell said. “He is a leader on economics and finance and a key member of the Finance, Banking, and Budget Committees. The Commission will benefit greatly from his expertise.”
    ———

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