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Sen. Richard Shelby

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Shelby Introduces Legislation Clarifying Dodd-Frank

By Brandon Moseley Alabama Political Reporter On Wednesday, U.S. Senator Richard Shelby (R) from Alabama introduced two legislative proposals aimed at clarifying and streamlining the implementation of the 2010 Dodd-Frank financial regulation law. According to Shelby’s office the first bill corrects numerous drafting errors in the Dodd-Frank financial regulation law. The legislation focuses on technical … Continued
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March 8, 2013

Shelby Says That Entitlements are Driving the Debt

By Brandon Moseley Alabama Political Reporter On Friday, U.S. Senator Richard Shelby (R) from Alabama addressed the Senate Appropriations Committee and told the Committee that the federal government has a spending problem and entitlements are what is driving the debt crisis. Sen. Shelby said, “Today, we will hear from our witnesses on the impacts of … Continued
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February 19, 2013

Shelby Introduces Bills to Address Deep Fiscal Challenges

By Brandon Moseley Alabama Political Reporter U.S. Senator Richard Shelby (R) from Alabama introduced dual legislative proposals to address our nation’s deep fiscal challenges on Wednesday. Sen. Shelby introduced a Balanced Budget Amendment to the U.S. Constitution to address the runaway spending that is imperiling the fiscal health of the nation.  If passed and ratified … Continued
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January 31, 2013

Shelby and Sessions Introduce Resolution Commending the Alabama Football Team

By Brandon Moseley Alabama Political Reporter On Thursday, Alabama Senators Richard Shelby (R) and Jeff Sessions (R) introduced a resolution commending the University of Alabama Crimson Tide football team for their BCS national championship game victory over the Notre Dame Fighting Irish. Senator Shelby said in the joint resolution, “I congratulate the University of Alabama … Continued
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January 29, 2013

Sessions and Shelby Explain Different Position on Fiscal Cliff Deal

By Brandon Moseley Alabama Political Reporter U.S. Senator Jeff Sessions was the only Republican from the Alabama Congressional Delegation to vote for package of the highly controversial Biden-McConnell fiscal cliff compromise package.  Senator Sessions is the ranking Republican on the Senate Budget Committee and has long been viewed as a budget hawk by Senate watchers. … Continued
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January 3, 2013

Shelby Says FHA Should Face Facts

By Brandon Moseley Alabama Political Reporter U.S. Senator Richard Shelby (R) from Alabama said that “Hard choices lie ahead for this program,” referring to the FHA. Sen. Shelby released a written statement with remarks he made at a hearing concerning oversight of the Federal Housing Administration and the U.S. Department of Housing and Urban Development’s … Continued
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December 11, 2012

Shelby Says Administration Should Better Explain Basel III Rules

By Brandon Moseley Alabama Political Reporter US Senator Richard Shelby (R) from Alabama questioned Federal Reserve and banking regulators from the Federal Reserve, the OCC and the FDIC about their proposed rules to implement the Basel III international accord. Sen. Shelby said, “The primary goal of Basel III is to strengthen bank capital requirements.  This … Continued
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November 15, 2012

Shelby and Landrieu Tell Obama that “Shortchanging the RESTORE Act is Wholly Unacceptable”

By Brandon Moseley Alabama Political Reporter Friday U.S. Senator Richard Shelby (R) from Alabama joined fellow RESTORE Act co-author, Senator Mary Landrieu (D) from Louisiana in a letter to President Barack H. Obama reaffirming Congress’s intent in drafting and passing the RESTORE Act. Senators Shelby and Landrieu wrote in their letter, “Recent reports suggest that … Continued
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October 10, 2012