I yield myself 1 minute. I urge my colleagues to vote against the Menendez amendment. If this amendment becomes law, taxpayers will be forced to subsidize individuals who make upward of $200,000 a year so they may buy homes worth nearly $1…
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.
I urge my colleagues to support the Vitter amendment. The amendment will limit the taxpayers' exposure to the bailout of Fannie and Freddie. No more blank checks. We have already spent $169 billion in taxpayer dollars; $200 billion is more…
I ask unanimous consent that I be allowed to speak for 45 seconds on this amendment. The PRESIDING OFFICER. Without objection, it is so ordered.
Today's hearing, as you said, will examine the pros and cons of the Federal Government continuing basically to subsidize the 30-year fixed-rate mortgage.
I do agree with the economist here that a lot of consumers do not understand the adjustable-rate mortgage.
The heightened sanctions have not yet produced any significant change in Iran's behavior regarding its nuclear program.
For sanctions against Iran to be as effective as possible, I believe the Administration needs to do a better job at securing the cooperation of the global community.
Iran remains one of the more serious threats to the national security of the United States and our allies.
The Islamic Revolutionary Guard is not just an elite military unit within Iran.





