Richard Shelby actually said...

We recognize the role of the Treasury to set some policy for financial regulation. But ultimately, it is going to be the Congress up here.

Senator Shelby asserts that Congress will ultimately set financial regulation laws.

08/03/2009

More Richard Shelby Quotes

In my view the flawed process by which MetLife was designated as a SIFI illustrates the need to impose more intellectual rigor on the SIFI d...

The proposal in the bill under consideration would inject a degree of intellectual rigor into the SIFI designation process that is currently...

size alone is not the best proxy for an institution's contribution to systemic risk

The new approach to SIFI designation reflected in the statute would make the regulatory system more fair.