Richard Shelby actually said...

You state, Mr. Secretary, repeatedly that the status quo is not acceptable because things are changing every day in the marketplace.

Shelby emphasizes the need for a new consumer protection regime due to market changes.

07/13/2009

More Richard Shelby Quotes

has dramatically curtailed payday loans to active duty servicemembers.

I do agree with the economist here that a lot of consumers do not understand the adjustable-rate mortgage.

the 30-year fixed-rate mortgage would not be available to consumers.

Today's hearing, as you said, will examine the pros and cons of the Federal Government continuing basically to subsidize the 30-year fixed-r...