Richard Shelby actually said...

Yes, I believe they do work. They nearly always work. But you have to have trust, integrity, and transparency in the market.

Stating that markets function well when trust and transparency are present.

01/14/2009

More Richard Shelby Quotes

I think you need to go back and look at them if you do not believe it is lack of accountability.

it seems to me that is a pretty fundamental part of our Government.

I believe from this point here on the Committee, failed the American people leading up to the financial crisis.

I would hope everyone on this panel would agree that we should seek more accountability for the Federal bank regulators.