Richard Shelby actually said...

Now, if you are not going to charge for the risk, who is going to be charged for the risk?

Shelby questions who bears the cost if risk isn't charged.

06/08/2011

More Richard Shelby Quotes

Do you have any concerns, Dr. Volcker, that if the Fed assumes too many responsibilities, its ability to conduct monetary policy could be un...

The GSEs, I think, if I may say so, with the connivance of the Congress, were considered to be something special and they would be protected...

And what are your views on the separation of monetary policy from banking policy along the lines of the reforms that were enacted in the Uni...

Absolutely right.