Sen Richard Shelby

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
Richard (RJ) Eskow

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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Amanda Terkel

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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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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Consumer Protection: Progressive Momentum and Forbidden Love

Richard (RJ) Eskow | Posted 05.25.2011

Read More: Curbing Wall Street, Harry Reid, Chris Dodd, Sen. Richard Shelby, Consumer Protection, Barack Obama, Consumer Financial Protection Agency, Financial Reform, Jack Reed, Politics News
Richard (RJ) Eskow

Harry Reid got it right when he said that the GOP is "making love to Wall Street" -- and when politicians and bankers "make love," it's the public that gets screwed.

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Freddie Mac and Fannie Mae Must Marry, Shrink and Change

Jerry Chautin | Posted 05.25.2011

Read More: Insuring Mortgages, Hud, Affordable Housing, Bill Seidman, Tainted Assets, Foreclosed Real Estate, Mortgage Bonds, Obama Administration, Low and Moderate Income, Real Estate, Sen. John MacCain, Federal Housing Administration, Loans, Multifamily Loans, GSE Amendment, Rtc, Higher Loan Amounts, Mortgage-Backed Securities, Business News, Treasury, Resolution Trust Corporation, Home Loans, One to Four Family Loans, Fha, Sen. Richard Shelby, Government Bailout, Five or More Family Loans, Apartment Financing, FDIC. President George H.W. Bush, Federal National Mortgage Association, Federal Home Mortgage Corporation, Guarantying Mortgages, Fannie Mae, Congress, Democrats, Gses, Single Family Loans, Freddie Mac, Federal Deposit Insurance Corporation, Department of Housing and Urban Development, Guarantying Bonds, Rental Apartment Loans, Lending Programs, Sen. Judd Gregg, Economic Recovery, Republicans, Scrutinizing Mortgages, Politics News
Jerry Chautin

But the time is right to merge Fannie Mae and Freddie Mac and form three separate companies. That is the best way to lead the GSEs out of federal conservatorship and repay the taxpayers.

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Matt Osborne | Posted 05.25.2011

Read More: Parker-Griffith-Republican, Shelby-Northrop-Gruman, Sen. Richard Shelby, Richard Shelby Blanket Hold, Eads Donations, Senator Richard Shelby, Alabama, Fiasco, Shelby Northrop Gruman, Senate-Held-Hostage, Shelby-Blanket-Hold, Richard-Shelby-Blanket-Hold, Parker Griffith, George Wallace, Breaking Politics News, Alabama Politics, Richard Shelby, Parker Griffith Party Switch, Congressman Parker Griffith, Rep-Parker-Griffith, Shelby Blanket Hold, Parker-Griffith, Alabama Congressional Races, Drive-by Truckers, Dbt, Al-5, Politics News
Matt Osborne

Parker Griffith, the man who pandered to labor unions and single-payer advocates to get elected as a Democrat, met the Teabag Terror and was terrified into switching parties.

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Bernanke Approved For 2nd Term As Fed Chairman By Senate Banking Panel

AP | JEANNINE AVERSA | Posted 05.25.2011

Read More: Senate, Bernanke, Federal Reserve, Financial Crisis, Federal Reserve Chairman, Senate Banking Committee, Sen. Richard Shelby, Wall Street, Ben Bernanke, Richard Shelby, Business News

WASHINGTON — A Senate panel on Thursday approved the nomination of Federal Reserve Chairman Ben Bernanke to run the nation's central bank for an...

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In Trade, Too Often, the Victim is Blamed

Leo W. Gerard | Posted 05.25.2011

Read More: Dumping, Mercantilist, Tire Tariffs, Protectionist, President Obama, Sen. Richard Shelby, International Trade Rules, Beijing, Cooper Tire & Rubber Co., United Steelworkers, Down Jones Newswire, U.S. International Trade Commission, Factory, International Trade, Dan DiMicco, Oil Country Tubular Goods, Industry, Washington Post, American Manufacturing, Paul Krugman, Chinese Exports, Nucor, Business News
Leo W. Gerard

The U.S. media strongly supports protections for copyrighted material like movies and music, but it isn't so sympathetic of trade cases involving manufactured goods, like Chinese-manufactured tires.

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Limbaugh: GM and Obama Must Fail

Steve Parker | Posted 05.25.2011

Read More: Congress, Chrysler, Sen. Richard Shelby, General Motors, Rush Limbaugh, President Barack Obama, Hugh Hewitt, Cars, Democratic National Committee, Republican Party, Business News
Steve Parker

A pair of right-wing radio hosts says there's only one choice for conservatives angry about government involvement in the auto industry: Boycott GM.

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Sen. Richard Shelby: Keep Stress Test Results Secret

The Hill | Posted 05.25.2011

Read More: Stress Tests, Sen. Richard Shelby, Stress Test Results, Senate Banking Committee, Bank Stress Tests, Richard Shelby, Shelby Stress Tests, Politics News

Sen. Richard Shelby (R-Ala.), the top ranking Republican on the Senate Banking Committee, thinks the government should keep the results of bank "stres...

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Sen Shelby Holds Pentagon Nomination Over Tanker Controversy

The Hill | Posted 05.25.2011

Read More: Ashton-Carter, Richard Shelby, Sen. Richard Shelby, Ashton Carter Nomination, Ashton Carter Confirmation, Politics News

Controversy over a $35 billion Air Force midair refueling tanker contract is spilling into the confirmation of the Pentagon's next acquisition chief. ...

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GOP Sen. Shelby: Geithner "Wasted" Senate's Time

CBS | Posted 05.25.2011

Read More: Tarp, Tim Geithner Bailout, Geithner, Timothy Geithner Treasury Secretary, Senate Finance Committee, Sen. Richard Shelby, TARP Money, Tim Geithner, Geithner Bailout, Timothy Geithner, Richard Shelby, Obama TARP, Politics News

Republican Sen. Richard Shelby of Alabama, the top Republican on the Senate Banking Committee, on Wednesday lambasted Treasury Secretary Tim Geithner'...

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Toyota Republicans Should Cut Their Own Pay

Leo W. Gerard | Posted 05.25.2011

Read More: National Review, Sen. Lamar Alexander, Sen. John Cornyn, $700 Billion Bailout, Honda, Diet, Big Three, Toyota Republicans, Bank of America, Merrill Lynch, Aig, Auto Bailout, Daimler, Mercedes-Benz, Sen. Thad Cochran, Nissan, President Bush, Great Depression, Sen. Lindsey Graham, Germany, Washington Mutual, Gm, Sen. Richard Shelby, United Autoworkers, Ford, Fannie Mae, Toyota, Sen. Jim DeMint, Sen. Kay Bailey Hutchinson, Sen. Bob Corker, House of Councillors, Japan, Economic Policy Institute, Chrysler, Bmw, Freddie Mac, Wall Street, Lehman Brothers, South Korea, Sen. Saxby Chambliss, Sen. Johnny Isakson, New York Times, Bear Stearns, Sen. Mitch McConnell, Uaw, Business News
Leo W. Gerard

Clearly the allegiance of the Republicans who opposed the loan to save GM and Chrysler is not with the US, which would lose 900,000 jobs if just GM closed, and more than 2.1 million if the Big Three did.

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What About The Government "Bailout" Of Foreign Automakers?

Jane Hamsher | Posted 05.25.2011

Read More: Automakers, Financial Crisis, Sen. Richard Shelby, Gm, Ron Gettelfinger, Detroit, Automaker Bailout, Detroit Bailout Reaction, Detroit Bailout, Video, Politics News
Jane Hamsher

The domestic automakers are struggling under the same burden against their foreign competitors with the subsidies they receive as local businesses do against Wal-Mart.

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Congress Bails out Those Who Shower Before Work, but not Those who Shower After Work

Leo W. Gerard | Posted 05.25.2011

Read More: Congress, Phil Gramm, Hank Paulson, Chrysler, United Auto Workers, Senate Banking Committee, Economy, Honda, U.S. Treasury, Cars, Mercedes-Benz, Federal Reserve, $700 Billion Bailout, Vikram S. Pandit, Ford, Charles O. Prince III, Automakers, Nissan, Unemployment, Bailout, Default, George Will, Hyundai, Sen. Jon Kyl, Detroit, Big Three, Financial Crisis, Washington Post, President Bush, Detroit Bailout Reaction, Detroit Bailout, Automaker Bailout, Big Three Automakers, Toyota, Sen. Richard Shelby, Detroit Three, Gm, The Big 3, Chysler, Detroit Automakers, Robert Rubin, Wall Street, Martin Feldstein, Ben Bernanke, Wachovia, Auto Industry, Bankrupt, Citigroup, Business News
Leo W. Gerard

Detroit is a place where workers are unionized; Wall Street is not. And right-wing Republicans and conservative pundits have made it clear they want the union workers to suffer.

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