Richard Shelby actually said...

"In my view the flawed process by which MetLife was designated as a SIFI illustrates the need to impose more intellectual rigor on the SIFI designation process."

"The proposal in the bill under consideration would inject a degree of intellectual rigor into the SIFI designation process that is currently lacking."

"size alone is not the best proxy for an institution's contribution to systemic risk"

"The new approach to SIFI designation reflected in the statute would make the regulatory system more fair."