Political Quotes

On the recordOctober 7, 2009
Despite repeated warnings by me and other Members of this Committee about the risk that GSEs presented, they were allowed to accumulate more than $5 trillion in financial obligations with only minimal amounts of capital.
Said by
Richard Shelby
Republican · Alabama

Editor's note · Context

Shelby criticizes the accumulation of debt by GSEs without adequate capital.

Share

More from Richard Shelby

May 3, 2022

the numbers at the southern border were merely a seasonal surge, but the numbers have only continued to get worse.

congress.gov
May 2, 2022

I'm concerned that replenishment of weapons stocks--particularly Javelins and Stinger missiles--is happening too slowly.

congress.gov
May 9, 2022

We also need a strong Army to deter China and respond to provocations, Iran, North Korea, and radical extremist groups.

congress.gov
May 25, 2022

I am concerned about this--what this communicates to both our allies and our adversaries.

congress.gov

Other voices in this conversation