Richard Shelby actually said...

"I am extremely concerned about continuing to make investments in infrastructure without any requirement for maintaining a state of good repair long-term."

"I don't think we can give the power to override fully public bodies charged with issues like investor protection to the Fed."

"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."

"The greatest challenge in dealing with this financial crisis is understanding its multiple, complex, and interrelated causes."