I hope you as Chairman of the SEC or any agency would not react to generated mail from Republicans or Democrats but would do what is best for the country and also under your jurisdiction.
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 hope we can count on you and your team for additional assistance when needed as they make more requests.
Unfortunately, too many of the efforts we see in Congress right now are intended to undermine and roll back regulation--ultimately putting Americans back at risk.
We also need stronger, simpler rules that cannot be gamed by Wall Street economists or watered down by Wall Street lobbying.
We only need to look at U.S. economic history to see how thinly capitalized banks have . . . made our financial system vulnerable to unanticipated economic shocks and how a crisis in the banking system quickly infects the rest of our…
Unfortunately, when pressed to do further analysis on the effectiveness of our capital and liquidity rules, our banking regulators have balked.
For years, I have urged regulators to implement strong capital requirements. I believe they are essential for a safe and sound banking system and also to avoid taxpayer bailouts.
Our job is to make sure that if Iran rejects comprehensive reforms, that it has no one to blame for its economic troubles other than itself.
There is already a growing belief that this Administration has little interest in preserving the tools it would need to reimpose sanctions, should Iran violate the terms of the deal.
Congress must continue to provide close oversight and support robust military and other aid to regional partners like Israel.
I hope my colleagues will not try to relitigate the JCPOA by trying to reimpose old nuclear sanctions under new labels.





