Richard Shelby actually said...

The stated objective of the Administration's newest proposals is to enhance the safety of the banking system. I certainly agree with that.

I think it is absolutely critical that that be clear in the legislation.

The manner in which the President introduced these new ideas is not conducive to developing thoughtful, comprehensive reform legislation.

If we basically all agree--and I hope we do--that nothing is too big to fail, and if we have sound regulation, the power, that regulators ha...