the Fed often seems more interested in seeking additional power and authority, even though it failed to use its current authorities in the run-up to the crisis.
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 think that there have been a number of lessons learned, and there is clearly a lot of blame to go around.
The economy is highly vulnerable and there is little clarity with respect to the best way forward.
The Federal Reserve faces, as all of you know, some of the greatest challenges it has ever confronted.
The nominees for positions on the Federal Reserve Board, if approved, will face difficult and important decisions for the American economy.
I think there was quite a bit of misjudgment regarding asset quality, including the quality of mortgage-backed securities.
I rise today to speak in strong support of the conference report to accompany the Comprehensive Iran Sanctions, Accountability, and Divestment Act. I want to thank my colleagues, Chairman Dodd, and House Foreign Affairs Chairman Howard…
I question the centralized approach to planning that is being advocated today.
It is now day 37 of the oil spill. We are no closer to finding a solution to this crisis than we were on day one. Oil continues to pour into the gulf at an unprecedented rate, significantly more than the estimate of 5,000 barrels a day…
tonight we are nearing the end of the Senate's consideration of a historic piece of legislation. In response to the most significant financial crisis this country has seen in a generation, we have been engaged in a debate about the future…





