Richard Shelby actually said...

"I agree with Senator Dodd. I don't think big is necessarily bad."

"I would hope that you, as the Chairman, in the interest of achieving better regulation and better monetary policy and independence of the Fed, would put the monetary policy ahead of your interest, of ..."

"I believe that the last few years have provided us with ample evidence to conclude that the current regulatory structure that we have, one in which the Fed serves as the preeminent regulatory body, re..."

"It seems to me and others it is an inherent conflict of interest and an incestuous financial relationship that is not good for the Federal Reserve."