Newsmakers
Senator Richard Shelby
2015-08-02T10:01:23-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvNmM3XC8yMDE1MDgwMjEwMDMyOTAwMV9oZC5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==Senator Richard Shelby (R-AL), chair of the Senate Banking Committee, talked about the banking system since the implementation of financial regulatory reform. Senator Shelby said the Dodd-Frank Wall Street Reform and Consumer Protection Act, signed into law July 21, 2010, had encouraged banks to grow larger and more concentrated, instead of reducing risk. He also discussed the fate of the Export-Import Bank and policies under Federal Reserve Chair Janet Yellen. Other topics included “sanctuary” cities and Fannie Mae and Freddie Mac. He also said that there was to a higher level of tension in Congress than he had seen before. The number of senators running for president was one factor he thought contributed. He added that Senator Bob Dole managed the Senate well as leader. After the interview the reporters discussed his responses with the host.
Senator Richard Shelby (R-AL), chair of the Senate Banking Committee, talked about the banking system since the implementation of financial …
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Senator Richard Shelby (R-AL), chair of the Senate Banking Committee, talked about the banking system since the implementation of financial regulatory reform. Senator Shelby said the Dodd-Frank Wall Street Reform and Consumer Protection Act, signed into law July 21, 2010, had encouraged banks to grow larger and more concentrated, instead of reducing risk. He also discussed the fate of the Export-Import Bank and policies under Federal Reserve Chair Janet Yellen. Other topics included “sanctuary” cities and Fannie Mae and Freddie Mac. He also said that there was to a higher level of tension in Congress than he had seen before. The number of senators running for president was one factor he thought contributed. He added that Senator Bob Dole managed the Senate well as leader. After the interview the reporters discussed his responses with the host. close
Senator Richard Shelby (R-AL), chair of the Senate Banking Committee, talked about the banking system since the implementation of financial … read more
Senator Richard Shelby (R-AL), chair of the Senate Banking Committee, talked about the banking system since the implementation of financial regulatory reform. Senator Shelby said the Dodd-Frank Wall Street Reform and Consumer Protection Act, signed into law July 21, 2010, had encouraged banks to grow larger and more concentrated, instead of reducing risk. He also discussed the fate of the Export-Import Bank and policies under Federal Reserve Chair Janet Yellen. Other topics included “sanctuary” cities and Fannie Mae and Freddie Mac. He also said that there was to a higher level of tension in Congress than he had seen before. The number of senators running for president was one factor he thought contributed. He added that Senator Bob Dole managed the Senate well as leader. After the interview the reporters discussed his responses with the host. close
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