As we consider the future of the GSEs, we would be wise to remember the disastrous consequences that poorly regulated GSEs can have on our financial markets.
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.
As we consider the future of the GSEs, I believe we would be wise to remember the disastrous consequences that poorly regulated GSEs can have on our financial markets.
That would be the most thinly capitalized financial institution in the world, would it not?
Iran remains a serious and growing threat to the entire Middle East region, our European allies, and the interests of the United States.
Iran has the dubious distinction of being the most active state sponsor of terrorism for 10 years running.
If original export license requirements are removed for items exported, for example, to the European Union, how will the United States be able to enforce its re-export license requirements?
What would the effect be if the United Nations and the European Union worked with the United States in sanctioning all the Iranian banks?
If one is doing business in Iran today, then they are probably doing business with the Islamic Revolutionary Guard Corps.
Should these two revelations lead to a reevaluation of the 2007 U.S. National Intelligence Estimate on Iran?
I think that there are so many different reasons why the potential possession of a nuclear weapon from Iran would pose a danger to us and to the region.
The State Department--you are the Deputy Secretary there--continues to identify Iran as 'the most active state sponsor of terrorism.'





