Richard Shelby actually said...

Money market funds have been an important source of short-term financing for businesses, banks, and State and local governments.

Some have argued that a product that seeks to maintain a stable net asset value while investing in instruments that can decline in value is ...

I disagree that less supervision and less regulation will magically make the system less risky.

However, because the Federal Government guarantees bank deposits, this Committee has a responsibility to ensure that banks do not unnecessar...