Richard Shelby actually said...

"This morning I am interested in hearing, Mr. Chairman, plans for reducing the size of the Fed's balance sheet, withdrawing extraordinary liquidity support from the banking system, and continuing the n..."

"Mr. Chairman, while there are signs of improvement in the economy, conditions remain weak, especially in labor markets."

"As our financial markets began to show signs of improvement, many of the Fed's temporary lending facilities have been allowed to expire, and monetary policy has begun to normalize."

"Thank you. Chairman Bernanke, this Committee continues, as you well know, to wrestle with financial reform and the role of the Fed has been a significant part of that debate."