Richard Shelby actually said...

With decision-making authority dispersed to the Board and Reserve Banks, who will be accountable to Congress for the systemic risk regulation function as the 'system' cannot appear to testify right here before Congress?

Context

Shelby questions accountability in the Federal Reserve's structure regarding systemic risk regulation.

06/17/2009

https://www.congress.gov...

More Richard Shelby Quotes

I believe that the President has sent us two good nominees. One, we have waited a long time on the Vice Chairman of Supervision for the Fed-...
7/26/2017
The Administration needs these people. I call this a sterling group.
7/17/2017
I am also proud of all of the nominees for accepting the responsibility of Federal service.
7/17/2017
I believe we have a distinguished group here from Mr. Compton to Mr. Campbell.
7/17/2017

View All Richard Shelby Quotes