Richard Shelby actually said...

I would hope that you, as the Chairman, in the interest of achieving better regulation and better monetary policy and independence of the Fed, would put the monetary policy ahead of your interest, of the Fed's interest, in protecting turf.

Context

Shelby urges the Chairman to prioritize monetary policy over the Fed's regulatory interests.

12/02/2009

https://www.congress.gov...

More Richard Shelby Quotes

If Congress had acted, a comprehensive solution could have been devised to deal with foreclosures and struggling homeowners.
11/14/2011
How does the compensation arrangement of Fannie and Freddie compare with that of AIG and other TARP recipients?
11/14/2011
In your view, should the Federal Housing Finance Agency take stronger action to discipline the GSEs for their failure to manage operational ...
11/14/2011
It is absolutely essential for the Agency to be independent and to act independently.
11/14/2011

View All Richard Shelby Quotes