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Richard Shelby actually said...

That's what I was saying.

Context

Shelby agrees with the assertion about improved efficiency.

03/08/2011

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

More Richard Shelby Quotes

we do not have an implicit guarantee, we have an explicit, because Fannie and Freddie are sitting in the taxpayer's lap right now.
5/9/2011
So while the bank crisis grew underneath their feet, they continued to sleep in a sense or look the other way.
5/9/2011
that is, it sits in the taxpayer's lap, like it is today, Fannie and Freddie--and privatize the profits. That is a dangerous situation, is i...
5/9/2011
It is like those kinds of loans were a recipe for a disaster.
5/9/2011

View All Richard Shelby Quotes

Richard  Shelby
out of office

usa, Alabama

2,564 Quotes

Born5/6/1935 (age 90)

PartyRepublican

  • United States Senator

    1/3/1987 - 1/3/2021
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