Political Quotes

Richard Shelby: “Do you think that a 2-percent capital requirement is adequate--because we are a long way from 2 percent--to protect the…”

On the recordMay 7, 2012
Do you think that a 2-percent capital requirement is adequate--because we are a long way from 2 percent--to protect the taxpayers from bailing out FHA in the future?
Said by
Richard Shelby
Republican · Alabama

Editor's note · Context

Shelby questions the sufficiency of the 2% capital requirement for FHA.

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