Richard Shelby actually said...

"Today, as you said, we will examine the State of the Federal Deposit Insurance Corporation."

"We delayed it in the United States with support from Senator Shelby and others, and we appreciate that very much."

"Since the passage, however, S&P, Standard & Poor, has said that it will confer higher credit ratings on the largest banks because it continues to assume that there is still the potential for the Gover..."

"This I believe is an appropriate time for this hearing as it comes at the end of Chairman Sheila Bair's 5-year term."