Richard Shelby actually said...

"Since the Federal Reserve took unprecedented actions in response to the financial crisis, there has been a growing recognition that the Fed needs to become more transparent."

"I believe when you say that you believe the Fed is most effective when it is nonpartisan, transparent, and accountable, I believe that is right."

"I believe it should not become an active participant in the legislative debate over the future of housing finance."

"What bothers me here, or maybe this is a concern me--will we, we in America, learn anything from the European crisis?"