Moore Passes Torch
Former PA Congressman to Lead Preeminent
Pro-Economic Growth Advocacy Group
WASHINGTON, DC – The Club for Growth,
the nation’s most influential organization dedicated to advancing
economic growth policies, today announced that former Congressman Pat
Toomey (R-PA) has agreed to serve as the group’s president.
“The Club for Growth has come a remarkably
long way. Now that so many stars have been elected to Congress, I have
decided to devote my energies over the next two years working to enact
historic legislation on reforming Social Security, the tax code and the
litigation system,” said Stephen Moore who helped found the group
and served as its president from 1999 until his resignation this month.
“There is no better person to whom I could be passing the torch
on to for running the Club for Growth than Pat Toomey. He will do a spectacular
Toomey was elected in 1998 to represent the
15th District of Pennsylvania in the U.S. House of Representatives and
this month completed his third and final term. Toomey has been a recognized
leader promoting economic growth and opportunity by reducing federal taxes,
promoting American exports and lessening burdensome federal regulations.
Toomey has been a strong voice for fiscal discipline and has frequently
led efforts to reduce wasteful spending. He advocates modernizing Social
Security by allowing younger workers to accumulate personally-owned savings.
Prior to his service in Congress, Toomey spent fifteen years in business
as an investment banker and small businessman.
This past election cycle, Toomey mounted
a vigorous and nationally recognized U.S. Senate primary challenge to
incumbent Republican Arlen Specter. Despite Specter’s four terms
of seniority and enormous financial advantage, Toomey received more than
49 percent of the vote.
“Steve Moore has done a terrific job
expanding the membership and influence of the Club for Growth and, in
the process, he has helped increase economic freedom, opportunity and
prosperity in our country. I look forward to building on an impressive
record of success and I want to thank Steve and the members of the Club
for Growth for this opportunity,” remarked Toomey, who will assume
his full-time responsibilities this week.
David Keating will continue to serve as executive
“Our organization is very fortunate
to have benefited from the talents and energy of Steve Moore, and he will
be missed. Pat Toomey has established himself as one of the bright and
rising stars of the economic growth movement, and he will make an exceptional
leader of the Club for Growth,” remarked Richard Gilder, who serves
as Chairman of the Board of the Club for Growth.