Richard Shelby
The Public Record
Richard Shelby is a former United States Senator from Alabama, serving from January 3, 1987, until January 3, 2021. A member of the Republican Party, Shelby was known for his work on various committees, including Appropriations and Banking, Housing, and Urban Affairs. Throughout his tenure, he focused on issues such as military funding, economic development, and infrastructure improvements in Alabama.
You are not telling us here today that the European banks are in good shape though, are you?
Wouldn't you think they would be wanting to share this with the Senate Banking Committee?
During the past year, the European Union has been embroiled, as we all know, in a fiscal crisis brought on by years of reckless Government and budget deficits and sluggish economic growth.
The focus of the crisis has been on the relatively small economy of Greece, but the European Union Governments fear that it could quickly spread across the continent.
What bothers me here, or maybe this is a concern me--will we, we in America, learn anything from the European crisis?
I rise in support of legislation to reauthorize the surface transportation bill, and, in particular, the Federal Public Transportation Act of 2012, which is the transit amendment before us today. While we are nearly 3 years beyond the…
Mr. Secretary, shifting around a little bit, about a month ago, President Obama told the American people that he was sending this Congress a plan to address the troubled housing market.
Unfortunately, as we sit here today, I believe the only realistic assessment of the state of our housing market is that it is weak and has faced continued decline.
Do you have that same feeling in areas like Florida, Nevada, California, you know, some distressed areas?
We have had testimony here before this Committee that it was less than one-half of 1 percent.





