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Richard Shelby actually said...

I think that the TARP program was induced by panic.

02/04/2009

https://www.congress.gov...

More Richard Shelby Quotes

"I opposed the TARP program. I knew it was flawed then. We all know it now."
"A 33-percent failure rate does not to me exactly provide confidence to the market that either Treasury or any of the Federal regulators, including the Fed understood the term 'healthy' or used that te..."
"Americans have a right to know, I believe, where their money went and whether it is working, which many are doubtful."
"I am concerned, especially given the limited life of the TARP program, that employees of TARP may be facing significant... conflicts of interest."

View All Richard Shelby Quotes

Richard  Shelby

out of office

usa, Alabama

2,535 Quotes

Born5/6/1935 (age 90)

PartyRepublican

  • United States Senator

    1/3/1987 - 1/3/2021
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