Richard Shelby

GOP Senator Mocks Regulators He Sandbagged For JPMorgan Losses

HuffingtonPost.com | Jason Linkins | Posted 05.24.2012

Read More: Eat the Press, JP Morgan Chase, JPMorgan Chase, JP Morgan Loss, Dodd-Frank, Jpmorgan, Hypocrisy, Richard Shelby, Financial Regulation, Politics News

Sen. Richard Shelby (R-Ala.) is shocked -- SHOCKED! -- that gambling is going on at JPMorgan, and that this gambling led to a multibillion-dollar loss...

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Payday Lenders Know You Gotta Spend Money To Make Money

The Huffington Post | Alexander Eichler | Posted 04.20.2012

Read More: Payday Lending, Payday Lenders, Consumer Financial Protection Bureau, Ftc, Campaign Contributions, Cfpb, Elections 2012, Payday Loans, Richard Shelby, Spencer Bachus, Jeb Hensarling, Federal Trade Commission, Video, Business News

Consumer advocates in Washington have pledged to battle payday lenders, the quick-cash loan shops that often charge ruinously high interest rates to p...

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The $28 Billion Man: Senator Shelby's Anti-Homeowner Deficit Spree

Richard (RJ) Eskow | Posted 05.02.2012

Read More: Foreclosures, Fhfa, Richard Shelby, Edward Demarco, Sen. Richard Shelby, Edward Demarco Fhfa, Politics News

Republicans love to say that nothing's more important than cutting the Federal deficit. So why is Sen. Richard Shelby wasting $28 billion of taxpayer money?

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U.S. Senators Meet With Castro

AP | PAUL HAVEN | Posted 04.25.2012

Read More: Raul Castro, Richard Shelby Cuba, Patrick Leahy, Richard Shelby, Cuba u.s. Relations, Raul Castro Cuba, Patrick Leahy Cuba, Cuba, World News

HAVANA (AP) — A senior U.S. senator met with imprisoned American Alan Gross and discussed the man's case in a long sit-down with Cuban President Rau...

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Killing America One Vote at a Time: Why the CFPB Matters

Adam Levin | Posted 02.14.2012

Read More: Rincon, Richard Cordray, Debt Collectors, Richard Shelby, Mitch McConnell, Nonbanks, Ftc, Cfpb, Consumer Financial Protection Bureau, Politics News

As we approach November 6, 2012, there are a few things you should ponder before reflexively casting a ballot for the guy whose name seems most familiar. Let's look at the numbers.

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CFPB Nominee Gains Key Support

HuffingtonPost.com | Amanda Terkel | Posted 12.18.2011

Read More: Richard Cordray, Catherine Cortez Masto, Elizabeth Warren, Mark Shurtleff, Brian Deese, Video, Sen. Richard Shelby, Consumer Financial Protection Bureau, Cfpb, Richard Shelby, Richard Cordray Cfpb, Richard Shelby Cfpb, Politics News

WASHINGTON -- A bipartisan group of 37 attorneys general publicly gave their support to President Barack Obama's nominee to head the Consumer Financia...

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How Many Jobs Has Deregulation Cost Us, Sen. Shelby?

Richard (RJ) Eskow | Posted 11.27.2011

Read More: Wall Street Reform, Consumer Financial Protection Bureau, Deregulation, Dodd/Frank, Financial Regulatory Responsibility Act, Financial Crisis, Richard Shelby, BP Oil Spill, Republican Party, Business News

Politicos like Richard Shelby should be forced to tell the truth when they claim they have an idea that will "protect jobs." And if their real motivation is just to make it harder to protect the American people ... well, they should be forced to disclose that, too.

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Consumers Be Damned: Senator Shelby, Captain Queeg and the Politics of No

Adam Levin | Posted 11.15.2011

Read More: Richard Cordray, Elizabeth Warren, Predatory Lending, Consumer Financial Protection Bureau, Consumer Financial Protection Agency, The Caine Mutiny, Cfpb, Filibuster, Federal Regulators, Richard Shelby, Consumer Protection, Cordray Hearing, Politics News

Last week's hearing on the nomination of Richard Cordray to lead the Consumer Financial Protection Bureau featured prepared speeches that were utterly without sound and fury but still managed to do a huge disservice to American consumers.

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The Unlikely GOP Senator Pushing Obama For Government Funds

Politico | By Manu Raju | Posted 11.07.2011

Read More: Nasa, Sen. Richard Shelby, Space, President Barack Obama, Richard Shelby Alabama, Obama NASA, NASA Funding, Alabama Nasa, 112th Congress, Richard Shelby Nasa, Richard Shelby, Barack Obama 2012, Barack Obama, Politics News

Republican Sen. Richard Shelby has been one of Barack Obama's most persistent critics, accusing the president of putting the country on a road to fina...

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Arne Duncan Defends Education Funding, Policies To Senate Committee

HuffingtonPost.com | Joy Resmovits | Posted 09.26.2011

Read More: Teacher Layoffs, Education News, Senate Appropriations Committee, Education, Mark Kirk, Arne Duncan, Sherrod Brown, Education Department, Corrections, Tom Harkin, Education Funiding, Race to the Top, 112th Congress, Richard Shelby, Education Reform, STEM Education, Education News

WASHINGTON -- A Wednesday hearing on 2012 education spending turned into a skeptical grilling of the Department of Education's wide-ranging and someti...

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As Government Nears Accord With Banks, Questions Swirl Over Scope Of Investigation

HuffingtonPost.com | Shahien Nasiripour | Posted 09.09.2011

Read More: Foreclosure Crisis, Sherrod Brown, Robo-Signing, Robert Menendez, Foreclosure Fraud, Mortgage Investigation, Tom Miller, Tom Coburn, State Attorneys General, Eric Schneiderman, State AG Foreclosure, Richard Shelby, Jeff Merkley, Foreclosure Fraud Investigation, Lisa Madigan, Foreclosure Investigation, Business News

WASHINGTON -- State and federal prosecutors are pressing to complete a proposed settlement with the nation's five largest home loan companies over all...

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As Republicans Declare War on Bank Customers, A Call to Support Warren

Richard (RJ) Eskow | Posted 07.20.2011

Read More: Keith Ellison, Elizabeth Warren, Richard Shelby, Consumer Financial Protection Bureau, Brad Miller, Barack Obama, Carolyn Maloney, Dr. Phil, Jon Stewart, Politics News

Pressure is growing for the president to make a "recess appointment" of Elizabeth Warren to head the Consumer Financial Protection Bureau. This would make sense politically, but what matters a lot more is that it would also be an excellent move for the country.

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It's Been a Bad Week for GOP Lies About Obama

Mitchell Bard | Posted 07.07.2011

As the last week or two unfolded, I was struck by how several news events absolutely obliterated three of the top lies told by Republicans to try and bring down the president.

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Warren Could Be Blocked By Senate GOP Unless Consumer Agency Is Weakened

Posted 07.06.2011

Read More: Elizabeth Warren, Richard Shelby, Consumer Agency, Cfpb, Warren Nomination, Consumer Financial Protection Bureau, Finacial Reform, Senate GOP, Business News

WASHINGTON, May 5 (By Kevin Drawbaugh) - Forty-four U.S. Republican senators vowed on Thursday to vote against any White House nominee to head a n...

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Congressional Republicans Set Sights On Homeowners, Elizabeth Warren As Split Emerges with State GOP Leaders

HuffingtonPost.com | Zach Carter | Posted 05.25.2011

Read More: Elizabeth Warren, Foreclosure Crisis, State Attorneys General, Randy Neugebauer, Richard Shelby, Foreclosure Fraud, Foreclosure Investigation, Business News

WASHINGTON -- As state and federal officials near an agreement with the nation's largest financial firms to settle allegations of abusive foreclosure ...

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Bernanke: Regulators Can Handle 'Too Big To Fail' Banks

The Huffington Post | Yepoka Yeebo | Posted 05.25.2011

Read More: Federal Deposit Insurance Corporation, Senate Banking Committee, g20, Too Big to Fail, Federal Reserve, Richard Shelby, Ben Bernanke, Capital Flows, Commodity Futures Trading Commission, Securities and Exchange Commission, Dodd-Frank, Quantitative Easing, Mary Shapiro, Regulation, Comptroller of the Currency, Treasury Department, Video, Business News

Fed chairman Ben Bernanke said on Thursday that regulators could now handle the collapse of a "too big to fail" bank. The next day, presenting a new r...

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GOP Senator Proposes Increasing Social Security Retirement Age 'Every Several Years'

HuffingtonPost.com | Dan Froomkin | Posted 05.25.2011

Read More: Retirement Age, Social Security, Richard Shleby Retirement Age, Richard Shelby Social Security, Social Security Cuts, Increasing Retirement Age, Richard Shelby, Politics News

A week after Senate Majority Leader Harry Reid (D-Nev.) declared that cutting Social Security is off the table, a leading Republican senator proposed ...

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Can Republicans Reconcile Earmarks and the Federal Budget?

Christopher Brauchli | Posted 05.25.2011

Read More: NASA Ares I-X, Richard Shelby, Earmarks, Continuing Resolution, Federal Budget, Constellation Moon Program, Nasa, Irs, Bill Clinton, New York Times, Alliant Techsystems, Sec, Thomas More, Trillion Dollar Budget, Politics News

Five hundred million dollars seems like a lot, until one realizes that it's only a small part of an approximately $3.6 trillion dollar budget. It is certainly a testimonial to the endurance of earmarks.

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NASA's Ares Rocket Dead, But Congress Lets You Pay $500 Million More For It

Posted 05.25.2011

Read More: Nasa, Alliant Techsystems, Space Program, Richard Shelby, Ares 1, Constellation Program, Kennedy Space Center, NASA Ares 1, Atk, Politics News

Thanks to congressional inaction, NASA must continue to fund its defunct Ares I rocket program until March -- a requirement that will cost the agency ...

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GOP Targets Consumer Agency, Wants 'Rigorous' Oversight

The Huffington Post | William Alden | Posted 05.25.2011

Read More: Dodd-Frank Act, Elizabeth Warren, Judy Biggert, Consumer Financial Protection Bureau, Financial Reform, Economic Crisis, Cfpb, Business News, Spencer Bachus, Richard Shelby, Business News

In a challenge to the recent financial reform legislation, House Republicans sent letters asking inspectors to exert "rigorous" oversight on the new C...

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Top GOP Leader Wants To Trim Back New Consumer Agency, Reforms

Reuters | Dave Clarke and Rachelle Younglai | Posted 05.25.2011

Read More: Richard Shelby, Consumer Agency, Senate Banking Committee, New Consumer Agency, House Financial Services Committee, Cfpb, Business News

WASHINGTON (Reuters) -- Republicans will reopen the broad Wall Street reform law and overhaul the newly created consumer protection bureau if they reg...

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Fed Progam Could Help Create 1 Million Jobs, Bernanke Reportedly Says

The Huffington Post | William Alden | Posted 05.25.2011

Read More: Unemployment, Economic Crisis, Quantitative Easing, Business News, Federal Reserve, Jobs, Ben Bernanke, Richard Shelby, Business News

The Federal Reserve's efforts to stimulate the economy could lead to the creation of as many as 1 million jobs, Fed chairman Ben Bernanke said, accord...

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Businesses Make 'Wish Lists' For Republicans, But Uncertainty Remains

The Huffington Post | William Alden | Posted 05.25.2011

Read More: Elizabeth Warren, House of Representatives, Consumer Financial Protection Bureau, Business News, Richard Shelby, Tom Donohue, Business, Sheila Bair, Robert Shiller, Republicans, Dodd-Frank Bill, Business News

This post has been updated. Big businesses have made "wish lists" for legislation they hope the now even more divided Congress will consider, the Wal...

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Alabama Election Results: Richard Shelby Defeats William Barnes In 2010 Senate Race

AP | JAY REEVES | Posted 05.25.2011

Read More: Alabama Senate Race 2010, Alabama Election Results, Alabama Election Results 2010, Alabama Senate Election Results, Alabama Senate Election 2010 Alabama Senate Election, 2010 Elections, 2010 Election Results, Elections 2010, Richard Shelby, Alabama Senate Race, William Barnes, Alabama Senate Election Results 2010, Politics News

MONTGOMERY, Ala. — Republican Richard Shelby of Alabama has won a fifth term in the Senate, easily defeating Democratic newcomer William Barnes....

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Richard Shelby Defeats William Barnes In Alabama Senate Race

AP | JAY REEVES | Posted 05.25.2011

Read More: 2010 Election Results, 2010 Elections, Alabama Election Results, Alabama Election Results 2010, Alabama Senate Race, Alabama Senate Race 2010, Alabama Senate Election 2010 Alabama Senate Election, Alabama Senate Election Results, Alabama Senate Election Results 2010, Richard Shelby, William Barnes, Elections 2010, Politics News

MONTGOMERY, Ala. — Republican Richard Shelby of Alabama has won a fifth term in the Senate, easily defeating Democratic newcomer William Barnes....

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