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Richard Shelby actually said...

I firmly believe that had the Fed simply regulated the mortgage lending industry, as Congress directed with the law passed in 1994, much of this could have been averted.

03/09/2009

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

More Richard Shelby Quotes

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"You state, Mr. Secretary, repeatedly that the status quo is not acceptable because things are changing every day in the marketplace."
"We appreciate you coming here today, but even you admit in your studies, and this is an outgrowth of some of those studies, that this is a radical departure from the way we have regulated things befor..."

View All Richard Shelby Quotes

Richard  Shelby

out of office

usa, Alabama

2,535 Quotes

Born5/6/1935 (age 90)

PartyRepublican

  • United States Senator

    1/3/1987 - 1/3/2021
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