Dodd-Frank greatly expanded the regulatory reach of the Federal Reserve. It did not, however, examine whether it was correctly structured to account for these new and expansive powers. Therefore, the Committee will be examining the appropriateness of the Fed's current structure in a post Dodd-Frank world.

I don't believe $25 billion or $50 billion or $100 billion is going to change the way Detroit does business.

John McCain has not been president of the United States. He ran. He ran a spirited campaign. We lost. I hated to see us lose, but there were a lot of things working against us.

Richard Shelby Quotes