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Richard Shelby


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The Facts Behind the Coming Congressional Mortgage Bailout Bill

Stan Muse submits: Senator Richard Shelby, Republican - Alabama, the ranking member for the Committee on Banking, Housing, and Urban Affairs has made several TV appearances lately discussing the progress being made on the mortgage bailout bill coming soon from Congress. No one yet knows what the full extent of the bailout bill will be, and they do not like calling it a bailout bill, but that is what...

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Freddie and Fannie rescue hopes grow

Richard Shelby, the powerful Republican senator, said that the US Treasury department’s plan to rescue Fannie Mae and Freddie Mac could be approved by Congress within two weeks, in a sign that opposition to the proposal on Capitol Hill is waning

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Freddie and Fannie rescue package hopes grow

Richard Shelby, the Republican lawmaker, yesterday said that the US Treasury department's plan to rescue Fannie Mae and Freddie Mac could be approved by Congress...

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Freddie and Fannie rescue hopes grow

Richard Shelby, the powerful Republican senator, said that the US Treasury department's plan to rescue Fannie Mae and Freddie Mac could be approved by Congress within two weeks, in a sign that opposition to the proposal on Capitol Hill is waning

+Vote!

Senate Banking Committee Passes Iran Sanctions Legislation

Today the Senate Banking Committee passed “The Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2008” by a vote of 19 to 2. The bill was introduced by Senators Chris Dodd (D-CT) and Richard Shelby (R-AL), the chairman and ranking members of the Banking Committee. As summary of the bill, which would make a number of significant changes to U.S. sanctions on Iran, can be found here:...

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Senators Dodd and Shelby Introduce New Sanctions Legislation

Today, Senators Chris Dodd (D-CT) and Richard Shelby (R-AL), Chairman and Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs, announced a new piece of legislation entitled the “Comprehensive Iran Sanctions, Accountability and Divestment Act of 2008” that will expand U.S. sanctions on Iran. The Banking Committee will consider the legislation on Thursday, July 17 at 10 am in...

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Sen Shelby pushes for stronger Fannie regulator

WASHINGTON (Reuters) - The U.S. Congress must move quickly to put a stronger regulator in place for government-sponsored entities Fannie Mae and Freddie Mac, a senior aide to Republican Sen. Richard Shelby said on Friday.

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Shelby: Defense to revisit tanker contract

U.S. Defense Secretary Robert Gates will announce plans to reopen bidding for its aerial refueling aircraft contract, Sen. Richard Shelby, R-Ala., said.The Government Accountability Office in June recommended bidding be reopened after reviewing the contract process resulting in a consortium led by Northrop-Grumman winning the $35 billion contract in February. Boeing Co. protested the decision.While...

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Pentagon to reopen tanker contract won by Northrop by December

The Air Force will reopen the bidding for a multibillion-dollar contract for midair refueling tankers, Senator Richard Shelby of Alabama said Wednesday. a third source briefed on the plan.

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Air Force to reopen $35 bln tanker contract: report

Sen. Richard Shelby, R-Ala., says the Pentagon intends to reopen a $35 billion contract for rebuilding its next-generation aerial-refueling tankers, according to a WSJ.com report. Defense Department officials explain the move at Pentagon press conference.

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Report: Sen. Shelby says DOD will reopen tanker award

NEW YORK (MarketWatch) -- Sen. Richard Shelby (D-Ala.) said the Pentagon intends to reopen a $35 billion contract for rebuilding its next-generation aerial-refueling tankers, according to a report on WSJ.com. The contract had been awarded to Northrop Grumman Corp. and European Aeronautic Defence & Space Co. over a competing bid from Boeing Corp. , but last month the General Accounting Office said...

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Pentagon will reopen $35B contract

The Pentagon will reopen bidding Wednesday for one of the largest contracts in military history, Sen. Richard Shelby, Republican of Alabama, said in a statement on his Web site.

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Senator says Boeing back in running for new tanker

The U.S. Air Force, judged to have made "significant errors" in awarding Northrop Grumman a $35 billion contract for refueling tankers, will reopen the competition, Sen. Richard Shelby said in an e-mail after being briefed by Pentagon officials today.

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Senate Housing Bill to Require Collecting of Online Payment Information

While the Wall Street Journal has noted one disturbing aspect of Sen. Chris Dodd (D-CN)’s sprawling mortgage industry bailout bill (HR 3221) –the required fingerprinting of mortgage loan “originators”–Sen. Dodd and his Republican colleague Richard Shelby (R-AL) last week introduced an even more disturbing amendment (Subtitle B of S.AMDT.4983) that would require the nation’s payment [...]

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Car stopping place

Shelby plays earmark game, and Tuscaloosa benefits | TuscaloosaNews.com Richard Shelby will ultimately give over $10 million in federal money to build a parking deck in downtown Tuscaloosa. But it’s not just a parking deck! ‘It’s more than just a parking deck. It’s an intermodal facility,’ said Tuscaloosa Mayor Walt Maddox. So, everyone, don’t worry, your tax [...]