Richard Shelby actually said...

Chairman Bair's time in office has been marked by the financial crisis and by profound changes in banking law.

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

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

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