Political Quotes

On the recordMarch 25, 2009
I believe myself that they have utterly failed as a regulator, utterly, because most of our Wall Street banks that got in trouble, and some of them are in trouble today, still, were regulated by the Federal Reserve.
Said by
Richard Shelby
Republican · Alabama

Editor's note · Context

Shelby criticizes the Federal Reserve's regulatory failures regarding Wall Street banks.

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