Jul 24, 2012
I am disappointed that the administration to date has not provided the Congress any details on the impact of sequestration.
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.
congress.gov
Jul 24, 2012
The time for ideological posturing is past. We all agree that sequestration would be tremendously destructive.
Jul 24, 2012
Do you believe it's in the best interest of this country to try to deal with our fiscal challenges now or kick the can down the road?
Jul 24, 2012
Why has your Department not provided sequestration information to the subcommittee?
Jul 16, 2012
Concerns of spillover from the European crisis remain front-and-center in the U.S. economy.
Jul 16, 2012
The Administration's policy of more spending, more taxes, and more regulation has clearly impeded an economic recovery.
Jul 16, 2012
In response to the dismal economic forecast, Chairman Bernanke has said that the Federal Reserve is 'prepared to take further steps if necessary to promote sustainable growth and recovery in the labor market.'
Jun 25, 2012
Soldiers and their families have got to live like all of us, and under difficult circumstances.
Jun 25, 2012
I think that most of us as policymakers would want to make sure that our soldiers are not cutoff from credit arbitrarily or maybe unintended, but work that way.
Jun 25, 2012
My question today basically is: About how many servicemembers have been helped by this settlement?
Jun 25, 2012
One problem is the disruption caused by overseas deployments and other relocations.
Jun 25, 2012
Today the Committee will continue its oversight of the available protections for our servicemembers, veterans, and their families in the consumer financial marketplace.
Jun 25, 2012
In response to this challenging problem, several agencies have recently taken action.
Jun 20, 2012
Money market funds have been an important source of short-term financing for businesses, banks, and State and local governments.
Jun 20, 2012
Some have argued that a product that seeks to maintain a stable net asset value while investing in instruments that can decline in value is essentially maintaining a fiction.
Jun 20, 2012
These actions have increased the expectation that the Federal Government will support the money market industry again with taxpayer dollars in times of crisis.
Jun 20, 2012
The stable NAV feature of money market funds offers investors the convenience and simplicity of buying and selling shares at a constant one-dollar per share.
Jun 20, 2012
I also sitting up here as a Senator want to make sure that the taxpayers do not have to bail out anybody.
Jun 20, 2012
The reason that the NAV is solid at a dollar and not a gimmick or whatever is precisely because of the portfolios and the credit work to hold the maturity.
Jun 12, 2012
If you are running a financial institution, you have got to have capital and it has got to be liquid.
Jun 12, 2012
I disagree that less supervision and less regulation will magically make the system less risky.
Jun 12, 2012
However, because the Federal Government guarantees bank deposits, this Committee has a responsibility to ensure that banks do not unnecessarily put taxpayers at risk.
Jun 12, 2012
As we learned from the most recent financial crisis and this particular incident, regulators do not always meet our expectations.
Politicians like Richard Shelby
