Richard Shelby actually said...

"The Dodd-Frank Act gave the Securities and Exchange Commission a long list of rules to promulgate."

"Is part of the problem... the lack of information that they are really in a floodplain area or marginal area?"

"If they were doing their job, they would not have a 50 percent insurance program."

"The GAO recommended that the write-your-own program have more transparency and accountability."