The Federal Reserve will continue to run a virtual alphabet soup of liquidity facilities through April 30, 2009, at the least.
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.
Regulators also need to make sure that they do not stifle innovation or unduly restrict consumer choice.
While I believe that there are many credit card practices that need reforming, I also believe that regulators need to be especially careful in this time of financial stress not to take actions that unduly restrict the availability of…
Limiting the ability of consumers of low and moderate means to obtain credit could have unfortunate consequences.
Is this plan, conceptually, a 180-degree turn from the Paulson plan? Or is it kind of the son of Paulson?
Is this plan conceptually 180-degree turn from the Paulson plan? Or is it kind of the son of Paulson?
Would you as the Secretary furnish this committee a detailed report of all the debt, where it is, the exposures, the guarantees and so forth, so we know what road we are traveling down?
the financial system remains badly damaged, and the economy has deteriorated sharply as it has become clear that TARP is not the magic bullet its supporters, Mr. Secretary, claimed it would be.
the program has failed, Mr. Secretary, to mend our ailing financial system, despite having spent nearly $350 billion in taxpayers' money.
How do we restart the securitization of markets, which you think is so important to our financial--how do we bring thrust back to that, because securitization worked so well until it was abused and misused.
Is this plan conceptually a 180-degree turn from the Paulson plan, or is it kind of the 'son of Paulson'.





