Richard Shelby actually said...

Wouldn't we be better off to close some of those banks rather than continue to prop them up and let the American people continue to believe-...

While I believe that there are many credit card practices that need reforming, I also believe that regulators need to be especially careful ...

Limiting the ability of consumers of low and moderate means to obtain credit could have unfortunate consequences.

Regulators also need to make sure that they do not stifle innovation or unduly restrict consumer choice.