Richard Shelby actually said...

Do you have confidence that the European banks and the regulators there will comply with Basel III, the spirit as well as the letter of it?

Shelby questions compliance of European banks with Basel III standards.

10/05/2011

More Richard Shelby Quotes

Thank you, Chairman Dodd.

It looks to me like they would be intertwined some.

Recent events--most prominently, the stunning collapse of insurance giant AIG--have only further demonstrated the pressing need for a review...

I think that as we hold more hearings, we are going to see that this is very complex.