Richard Shelby actually said...

Unfortunately, Dodd-Frank provides little guidance on exactly which firms should be designated for systemic risk regulation.

Shelby criticizes the lack of clarity in Dodd-Frank regarding systemic risk regulation.

05/11/2011

More Richard Shelby Quotes

Do you anticipate that? Can you assure us and the American people today, as the Secretary of HUD, that FHA will not do that?

I think this is a worthy goal as strong capital requirements are essential for a safe and sound banking system and also to protect against t...

The Basel framework has spawned startling degrees of complexity and an over-reliance on probably unreliable models.

The poor record of Basel I, II, and II.5 is that of a system fundamentally flawed. Basel III is a continuation of these efforts, but with mo...