Richard Shelby actually said...

"To move away fast and furious from a classical model of regulation, we had better be really careful."

"To rebuild confidence in our financial system, both here at home and around the world, we must reconstruct our regulatory framework."

"Let's put a cop on that beat so that the spectacular failure of consumer protection at the root of this mess is never repeated."

"The independence of the Fed has served us well over time."