Richard Shelby actually said...

"runs with potential systemic impacts on the financial system"

"The reason that the NAV is solid at a dollar and not a gimmick or whatever is precisely because of the portfolios and the credit work to hold the maturity."

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

"These actions have increased the expectation that the Federal Government will support the money market industry again with taxpayer dollars in times of crisis."