Richard Shelby actually said...

"Thirteen trillion dollars that is invested in bonds, including junk bonds--which is what they are buying now because they do not have other investments--is taking credit risk"

"We do not believe that the Committee should consider any nominee to be the Director of the Bureau of Consumer Financial Protection until reforms are adopted to make the Bureau accountable to the Ameri..."

"They were too big to exist."

"It is regrettable that the President and the majority have chosen to ignore our request rather than work with us to improve the Bureau's accountability."