Richard Shelby: “I personally believe this represents a grossly inflated view of the Fed's expertise.”

Regrettably, this was all predictable and avoidable.

I'm also concerned that inflation will reduce the Army's buying power.

on Roy Blunt, I first met him when he was a whip in the House. We had some kind of conference going, and I thought: My gosh, he can count votes. He is the whip. He can count votes in the conference, too, and so forth. And then, when he…

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.