Richard Shelby actually said...

"Today the Committee will continue its oversight of the available protections for our servicemembers, veterans, and their families in the consumer financial marketplace."

"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 essentially maintaining a fiction."

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

"These actions have increased the expectation that the Federal Government will support the money market industry again with taxpayer dollars in times of crisis."