Political Quotes

Richard Shelby: Accountability at the Fed--Mr. Secretary, the Federal Reserve System was not designed to carry out the systemic risk…

On the recordJune 17, 2009
Accountability at the Fed--Mr. Secretary, the Federal Reserve System was not designed to carry out the systemic risk oversight mission the administration proposes to give it.
Said by
Richard Shelby
Republican · Alabama

Editor's note · Context

Senator Shelby discusses the inadequacies of the Federal Reserve's oversight capabilities.

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