Richard Shelby actually said...

"the Missile Defense Agency (MDA) plans to achieve an early intercept capability as part of the phase-adaptive approach are simply not credible."

"While I understand the interest in ensuring that enforcement cases proceed quickly--they are very important--delegation of the Commission's powers to the staff should not be undertaken lightly."

"Both organizations have played an important role in the aftermath of the financial crisis and will continue to do so."

"The SEC also recently restructured its enforcement and compliance programs to address some of the systemic problems."