Richard Shelby actually said...

"I want to get into the area of small business lending. Mr. Chairman, I hear reports of a credit crunch for small businesses and calls by other people to initiate more government programs to jump start..."

"The Federal Reserve faces, as all of you know, some of the greatest challenges it has ever confronted."

"I think that there have been a number of lessons learned, and there is clearly a lot of blame to go around."

"The nominees for positions on the Federal Reserve Board, if approved, will face difficult and important decisions for the American economy."