Minority Press Releases
Shelby Opening Statement on Oversight of the Export-Import Bank of the United States
WASHINGTON, DC - Thursday, June 4, 2015 - U.S. Senator Richard Shelby (R-Ala.), Chairman of the United States Senate Committee on Banking, Housing, and Urban Affairs, today delivered opening remarks during a full committee hearing on "Oversight of the Export-Import Bank of the United States." The text of Chairman Shelby's remarks, as prepared, is below. "On Tuesday, the Committee heard a range of perspectives from a panel of experts and industry representatives who testified on the fu… Continue Reading
June 2, 2015
Shelby Opening Statement on Perspectives on the Export-Import Bank of the United States
WASHINGTON, DC - Tuesday, June 2, 2015 - U.S. Senator Richard Shelby (R-Ala.), Chairman of the United States Senate Committee on Banking, Housing, and Urban Affairs, today delivered opening remarks during a full committee hearing on "Perspectives on the Export-Import Bank of the United States." The text of Chairman Shelby's remarks, as prepared, is below. "This is the first of our oversight hearings on the Export-Import Bank of the United States, which is currently authorized through … Continue Reading
May 21, 2015
Shelby Opening Statement on “The Financial Regulatory Improvement Act of 2015”
WASHINGTON, DC - Thursday, May 21, 2015 - U.S. Senator Richard Shelby (R-Ala.), Chairman of the United States Senate Committee on Banking, Housing, and Urban Affairs, today delivered opening remarks during a full committee mark-up of "The Financial Regulatory Improvement Act of 2015." The text of Chairman Shelby's remarks, as prepared, is below. "The Committee meets today to consider and report to the Senate 'The Financial Regulatory Improvement Act of 2015.' "I understand that… Continue Reading
May 20, 2015
In Case You Missed It: What They’re Saying About “The Financial Regulatory Improvement Act of 2015”
HABITAT FOR HUMANITY: "The Dodd-Frank reforms were passed with the good intentions of protecting consumers and taxpayers and of stopping predatory lending that targeted lower-income families and contributed to the foreclosure crisis, but provisions in the law, including appraisal independence regulations, created unintended consequences for Habitat for Humanity and other nonprofit organizations providing responsible homeownership opportunities to families without access to bank mortgages." "H… Continue Reading
May 18, 2015
MYTH VS. REALITY: "The Financial Regulatory Improvement Act of 2015"
MYTH VS. REALITY: "The Financial Regulatory Improvement Act of 2015"… Continue Reading
May 12, 2015
Shelby Releases Discussion Draft of “The Financial Regulatory Improvement Act of 2015”
WASHINGTON, DC - Tuesday, May 12, 2015 - U.S. Senator Richard Shelby (R-Ala.), Chairman of the United States Senate Committee on Banking, Housing, and Urban Affairs, today released the text of the discussion draft of "The Financial Regulatory Improvement Act of 2015." Chairman Shelby released the following statement regarding the discussion draft: "This discussion draft is a working document intended to initiate a conversation with all members of the Committee who are interested in reaching… Continue Reading
April 28, 2015
Shelby Opening Statement at Hearing on the State of the Insurance Industry and Insurance Regulation
WASHINGTON, DC - Tuesday, April 28, 2015 - U.S. Senator Richard Shelby (R-Ala.), Chairman of the United States Senate Committee on Banking, Housing, and Urban Affairs, today delivered the following opening remarks during a full committee hearing on "The State of the Insurance Industry and Insurance Regulation." The text of Chairman Shelby's remarks, as prepared, is below. "Today, the Committee will examine several issues of importance to the insurance industry both domestically and in… Continue Reading
April 23, 2015
Shelby Opening Statement at Hearing on Surface Transportation Reauthorization
WASHINGTON, DC - Thursday, April 23, 2015 - U.S. Senator Richard Shelby (R-Ala.), Chairman of the United States Senate Committee on Banking, Housing, and Urban Affairs, today delivered the following opening remarks during a full committee hearing on "Surface Transportation Reauthorization: Building on the Successes of MAP-21 to Deliver Safe, Efficient and Effective Public Transportation Services and Projects." The text of Chairman Shelby's remarks, as prepared, is below. "On Tuesday, A… Continue Reading
April 21, 2015
Shelby Opening Statement at Hearing on Surface Transportation Reauthorization
WASHINGTON, DC - Tuesday, April 21, 2015 - U.S. Senator Richard Shelby (R-Ala.), Chairman of the United States Senate Committee on Banking, Housing, and Urban Affairs, today delivered the following opening remarks during a full committee hearing on "Surface Transportation Reauthorization: Building on the Successes of MAP-21 to Deliver Safe, Efficient and Effective Public Transportation Services and Projects." The text of Chairman Shelby's remarks, as prepared, is below. "This is the first o… Continue Reading
April 16, 2015
Shelby Opening Statement at Hearing on Regulatory Burdens to Obtaining Mortgage Credit
WASHINGTON, DC - Thursday, April 16, 2015 - U.S. Senator Richard Shelby (R-Ala.), Chairman of the United States Senate Committee on Banking, Housing, and Urban Affairs, today delivered the following opening remarks during a full committee hearing on "Regulatory Burdens to Obtaining Mortgage Credit." The text of Chairman Shelby's remarks, as prepared, is below. "Months ago, this Committee began an examination of the regulatory landscape facing consumers, lenders and other financial mark… Continue Reading
April 15, 2015
Shelby Announces Upcoming Banking Committee Schedule
WASHINGTON, DC - Wednesday, April 15, 2015 - U.S. Senator Richard Shelby (R-Ala.), Chairman of the United States Senate Committee on Banking, Housing, and Urban Affairs, today announced the tentative Committee hearing schedule for the months of April, May, and June. APRIL Thursday, April 16, 2015 Full Committee Hearing: Regulatory Burdens to Obtaining Mortgage Credit (Outside Witnesses) Time and Location: 10:00 a.m. in room 538 of the Dirksen Senate Office Building Tuesday, April … Continue Reading
March 25, 2015
Shelby Statement at Hearing on FSOC Accountability
WASHINGTON, DC - Wednesday, March 25, 2015 - U.S. Senator Richard Shelby (R-Ala.), Chairman of the United States Senate Committee on Banking, Housing, and Urban Affairs, today delivered the following opening remarks during a full committee hearing on "FSOC Accountability: Nonbank Designations." The text of Chairman Shelby's remarks, as prepared, is below. "Today, the Committee will examine how the Financial Stability Oversight Council, or FSOC, designates certain nonbank companies as syst… Continue Reading
March 24, 2015
Shelby Opening Remarks at Hearing on Examining the Regulatory Regime for Regional Banks
WASHINGTON, DC - Tuesday, March 24, 2015 - U.S. Senator Richard Shelby (R-Ala.), Chairman of the United States Senate Committee on Banking, Housing, and Urban Affairs, today delivered the following opening remarks during a full committee hearing on "Examining the Regulatory Regime for Regional Banks." The text of Chairman Shelby's remarks, as prepared, is below. "Last week, the Committee continued its examination of the existing regulatory framework for regional banks by hearing from t… Continue Reading
March 19, 2015
Shelby Statement at Hearing on Examining the Regulatory Regime for Regional Banks
WASHINGTON, DC - Thursday, March 19, 2015 - U.S. Senator Richard Shelby (R-Ala.), Chairman of the United States Senate Committee on Banking, Housing, and Urban Affairs, today delivered the following opening remarks during a full committee hearing on "Examining the Regulatory Regime for Regional Banks." The text of Chairman Shelby's remarks, as prepared, is below. "This week and next, the Committee will examine the impact of the existing regulatory framework on regional banks. Today we wi… Continue Reading
March 3, 2015
Shelby Statement at Hearing on Federal Reserve Accountability and Reform
WASHINGTON, DC - Tuesday, March 3, 2015 - U.S. Senator Richard Shelby (R-Ala.), Chairman of the United States Senate Committee on Banking, Housing, and Urban Affairs, today delivered the following opening remarks during a full committee hearing on "Federal Reserve Accountability and Reform." The text of Chairman Shelby's remarks, as prepared, is below. "Last week, the Committee began examining potential reforms to the Federal Reserve System. We heard the views of Federal Reserve Chair Janet… Continue Reading
February 24, 2015
Shelby Statement at Hearing on the Semiannual Monetary Policy Report
WASHINGTON, DC - Tuesday, February 24, 2015 - U.S. Senator Richard Shelby (R-Ala.), Chairman of the United States Senate Committee on Banking, Housing, and Urban Affairs, today delivered the following opening remarks during a full committee hearing on the Federal Reserve's Semiannual Monetary Policy Report to Congress. The text of Chairman Shelby's remarks, as prepared, is below. "Today, the Committee will receive testimony from Federal Reserve Chair Yellen, as has been required by stat… Continue Reading
February 23, 2015
Shelby Announces March Banking Committee Schedule
WASHINGTON, DC - Monday, February 23, 2015 - U.S. Senator Richard Shelby (R-Ala.), Chairman of the United States Senate Committee on Banking, Housing, and Urban Affairs, today announced the Committee hearing schedule for the month of March. "The role of the executive branch in regulating the financial sector has grown significantly over the past several years. In light of this growth, the Banking Committee will closely examine several areas of the government that demand proper oversig… Continue Reading
February 12, 2015
Shelby Opening Remarks at Hearing on Regulatory Relief for Community Banks and Credit Unions
WASHINGTON, DC - Thursday, February 12, 2015 - U.S. Senator Richard Shelby (R-Ala.), Chairman of the United States Senate Committee on Banking, Housing, and Urban Affairs, today delivered the following opening remarks during a full committee hearing on "Regulatory Relief for Community Banks and Credit Unions." The text of Chairman Shelby's remarks, as prepared, is below. "This week, the Committee began an examination of potential changes to the current regulatory regime. "On Tuesday we h… Continue Reading
February 10, 2015
Shelby Statement at Hearing on Regulatory Relief for Community Banks and Credit Unions
WASHINGTON, DC - Tuesday, February 10, 2015 - U.S. Senator Richard Shelby (R-Ala.), Chairman of the United States Senate Committee on Banking, Housing, and Urban Affairs, today delivered the following remarks during a full committee hearing on "Regulatory Relief for Community Banks and Credit Unions." The text of Chairman Shelby's remarks, as prepared, is below. "This week, the Committee begins an examination of potential changes to the current regulatory structure. "Today we will… Continue Reading
January 29, 2015
Banking Committee Approves Iran Sanctions Bill
WASHINGTON, DC - Thursday, January 29, 2015 - U.S. Senator Richard Shelby (R-Ala.), Chairman of the United States Senate Committee on Banking, Housing, and Urban Affairs, today announced committee approval of the "Nuclear Weapon Free Iran Act of 2015" by a vote of 18-4. The measure will now be reported to the full Senate for consideration. "I am pleased that the Banking Committee has approved legislation in a bipartisan manner that would impose additional sanctions should Iran fail to reach an… Continue Reading
