Richard Shelby actually said...

"I think the long-term unsustainability of our debt is a significant problem because it threatens higher interest rates, less confidence, and it could have impact on the current recovery."

"Do you believe that you are better positioned now than you were 2 years ago to deal with the failure of a large bank?"

"Last year, Congress passed the Dodd-Frank Financial Reform Act, as the Chairman has mentioned."

"The President declared that the Act would provide certainty to our markets and lift our economy to a more prosperous future."