Richard Shelby: “Chairman Gensler and SEC Chairman Mary Schapiro have jointly created widespread uncertainty about the regulation of…”

Deterrence requires spending our limited resources on both offensive and defensive weapons.

I remain concerned that the Air Force budget request is insufficient considering the needed modernization across the inventory with a rapidly evolving threat.

I am concerned about this--what this communicates to both our allies and our adversaries.

As Senator Shelby at our Senate testimony hearing last March pointed out to us, we must maintain what we have before we can build new, and I think he hits the mark head-on.