Richard Shelby actually said...

"I am at a loss as to why the Administration does not or did not consider the GSEs to be a central cause meriting immediate consideration in regulatory reform."

"To properly consider the future of the housing GSEs, one should first consider the goals policymakers have for the U.S. housing finance system, and specifically the secondary market."

"Despite repeated warnings by me and other Members of this Committee about the risk that GSEs presented, they were allowed to accumulate more than $5 trillion in financial obligations with only minimal..."

"What would the effect be if the United Nations and the European Union worked with the United States in sanctioning all the Iranian banks?"