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Richard Shelby actually said...

Is there some risk to the economy if people try to take most risk out of the banking system?

06/05/2012

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

More Richard Shelby Quotes

"the mortgage finance system should be, quote, "capitalized sufficiently to withstand losses on defaulting mortgages that would result if house prices declined by, say, 25 percent.""
"Our once dynamic and innovative housing market is now stagnant and damaged, crippled by regulatory uncertainty."
"But it has not come yet, has it?"
"How do we bring back an appetite in the private market for mortgage-backed securities?"

View All Richard Shelby Quotes

Richard  Shelby

out of office

usa, Alabama

2,535 Quotes

PartyRepublican

  • United States Senator

    1/3/1987 - 1/3/2021
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