Richard Shelby actually said...

"It appears NASA is already purchasing its own insurance policy in case the crew providers are not ready."

"This new layer of regulation does not come without a cost to our economy."

"The Council has the authority to designate a nonbank institution as 'systemically important' and subject it to enhanced prudential standards and regulation by the Federal Reserve."

"I asked him if he would oppose a statutory process to allow a firm working with the Council to avoid the designation before the designation was made final."