Richard Shelby actually said...

Some have argued that a product that seeks to maintain a stable net asset value while investing in instruments that can decline in value is ...

I also sitting up here as a Senator want to make sure that the taxpayers do not have to bail out anybody.

The stable NAV feature of money market funds offers investors the convenience and simplicity of buying and selling shares at a constant one-...

As we learned from the most recent financial crisis and this particular incident, regulators do not always meet our expectations.