On the recordJune 29, 2011
We delayed it in the United States with support from Senator Shelby and others, and we appreciate that very much.
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congress.govWe delayed it in the United States with support from Senator Shelby and others, and we appreciate that very much.
Acknowledgment of support for delaying Basel II implementation in the U.S.
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More from Richard Shelby
Deterrence requires spending our limited resources on both offensive and defensive weapons.
I am concerned about this--what this communicates to both our allies and our adversaries.
As Senator Shelby at our Senate testimony hearing last March pointed out to us, we must maintain what we have before we can build new, and I think he hits the mark head-on.
At the same time, North Korea is testing missiles reportedly capable of carrying nuclear warheads.