Richard Shelby actually said...

"It is clear that FHA needs to be reformed to prevent another taxpayer bailout."

"Thank you. Welcome, Secretary Donovan. You have been a pretty regular up here. We appreciate you."

"Mr. Secretary, it has now been over a year since you and Secretary Geithner submitted your white paper on housing finance reform."

"There have been serious lapses in HUD's oversight in the HOME program."