If Franklin Roosevelt were to come back today and he would find we had these enormous pooled funds that were outside, virtually outside of any form of regulation, I think he would say, 'I thought we solved that problem in 1940.'
Shelby reflects on the need for regulation in financial markets.
Share
More from Richard Shelby
A complex and evolving security environment requires a serious commitment to our national defense.
Deterrence requires spending our limited resources on both offensive and defensive weapons.
I am deeply concerned, however, that the administration's failure to direct the appropriate resources to the crisis at the southern border has resulted in shifting the burden to the Guard.
I am concerned about this--what this communicates to both our allies and our adversaries.
Other voices in this conversation
