Richard Shelby actually said...

Unfortunately, the law that we passed in 2006 did not have time to take root before the problems that they were intended to remedy took their toll.

Shelby reflects on the timing of the 2006 reforms and their impact.

08/04/2009

More Richard Shelby Quotes

Until we have a firm understanding, Mr. Secretary, of what is driving foreclosures, I believe assistance plans will continue to be ad hoc an...

I believe, however, that it does so at considerable cost to the taxpayer and mainly serves as a further bailout to the very banks that helpe...

I believe our immediate attention should be to help those most in need who can be helped and are willing to help themselves.

Unfortunately, I believe the proposal is long on good intentions and short on providing a credible solution for our ailing housing market.