Richard Shelby actually said...

"I believe that expanding the Fed's power in this manner could be very dangerous."

"It would put a lot of power in bureaucrats, would it not?"

"I don't believe it is possible in the American system of Government, nor do I think it should be possible in the American system of Government for people to say the Congress doesn't have a right even ..."

"No, if we created something like they proposed, which I hope we won't, it would put a lot of power in the bureaucrats."