Richard Shelby actually said...

But you are really saying that you don't trust the consumer to make decisions for themselves, in a sense.

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

I do not believe that we can reasonably expect the Fed or any other agency effectively play so many roles.

I urge my colleagues to focus on creating a regulatory system for the next century, not one that merely seeks to remedy the mistakes of the ...