Richard Shelby actually said...

It is clear that in the Administration's plan, disclosure, no matter how complete, is not enough.

Shelby argues that mere disclosure fails to protect consumers under the new plan.

07/13/2009

More Richard Shelby Quotes

Today's hearing is focused on legislation that would expand the Federal Housing Finance Administration's Home Affordable Refinance Program.

Without that capital, I think it will be difficult to have a sustainable recovery in our housing market.

We hope not, but the numbers indicate that.

The uncertainty created by the nearly 4-year conservatorships of Fannie Mae and Freddie Mac is just one such challenge.