Richard Shelby actually said...

Eight months later, the sober realities of what Dodd-Frank will mean for our economy, I believe, are now setting in.

Shelby expresses concerns about the negative economic effects of the Dodd-Frank Act after its implementation.

02/16/2011

More Richard Shelby Quotes

publicly reporting a strategy helps prevent policymakers from bending under pressure and sacrificing independence.

Madam Chair, we have talked about this privately before, but does the Fed still use the Phillips rule in a lot of its deliberations?

You want to strengthen it. Is that your basic premise?

I believe the Fed should be independent, but I do not think that you are totally independent.