Richard Shelby actually said...

Millions of mortgages are underwater, and Fannie and Freddie continue to lose money at the expense of the American taxpayer.

Senator Shelby points out the financial burden on taxpayers due to Fannie and Freddie's losses.

05/07/2012

More Richard Shelby Quotes

I believe that we must have a fair, open, and honest Air Force tanker acquisition process.

I hope that you as Chairman of the Committee will bring up the Inspector General of TARP, Mr. Barofsky, again, as he is doing his work, beca...

The circumstances that permitted AIG's securities lending operation to potentially threaten the solvency of several of its insurance compani...

There is no system that is built to withstand an insolvency the size of the notional value of the credit default swaps AIG was invested in.