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October 10, 2008 2:41:23 PM CDT

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Stories related to: Richard Shelby

Stories

5 Stories

  • September 2008

    • Alabama Senator Leads GOP Charge Against Bailout

      Wall Street Journal  |  Sep 24, 08 2:03 AM CDT

      Alabama Senator Leads GOP Charge Against Bailout

      (Newser) - Republican Alabama Sen. Richard Shelby is proving to be one of the toughest opponents of the Treasury Department's proposed bailout of financial firms, the Wall Street Journal reports. The ranking member of the Senate Banking Committee is leading the charge against the plan by Republicans who view it as a sellout of conservative principles. More »

      Tags

      bailout  • Henry Paulson  • Treasury Department  • Senate Banking Committee  • Richard Shelby

    • Prickly Congress Greets Paulson, Bernanke

      MSNBC  |  Sep 23, 08 10:32 AM CDT

      Prickly Congress Greets Paulson, Bernanke

      (Newser) - Ben Bernanke and Henry Paulson implored Congress to swiftly pass a $700 billion bailout bill today, as they testified before the Senate Banking Committee. But there was an air of skepticism in the room. Chairman Chris Dodd’s introduction was noticeably prickly, and ranking Republican Richard Shelby was outright hostile, saying the plan rescued “the same financial institutions that created this crisis with their sloppy underwriting and reckless disregard for the risks.” More »

      Tags

      financial crisis  • Henry Paulson  • Ben Bernanke  • Christopher Dodd  • Senate Banking Committee  • Richard Shelby

  • May 2008

    • Mortgage Deal Close in Senate

      Wall Street Journal  |  May 15, 08 1:11 PM CDT

      Mortgage Deal Close in Senate

      (Newser) - A Senate committee is close to agreeing on expansion of a government insurance program for refinanced mortgages, the Wall Street Journal reports. Though ridden with partisan conflict as recently as a week ago, staff for Democrat Chris Dodd and Republican Richard Shelby said today the sides were nearing a compromise, and a vote to move the measure along could come in the next few hours. More »

      Tags

      bailout  • mortgage  • Chris Dodd  • Senate Banking Committee  • Richard Shelby  • refinanced mortgages  • mortgage insurance

  • April 2008

    • Housing Bill Clears Key Senate Hurdle

      New York Times  |  Apr 1, 08 5:38 PM CDT

      Housing Bill Clears Key Senate Hurdle

      (Newser) - The Senate voted 94-1 to move a housing legislation package into formal consideration today, reports the New York Times . Banking committee chair Chris Dodd and ranking Republican Richard Shelby now have until noon tomorrow to work out a compromise acceptable to both parties. “Inaction is not an option," said Dodd. "Failure is not an option." More »

  • August 2007

    • Senators’ Plane Draws Iraqi Fire

      CNN  |  Aug 31, 07 10:25 AM CDT

      Senators’ Plane Draws Iraqi Fire

      (Newser) - An airplane carrying three US senators and a congressman was fired upon by rockets as it left Baghdad last night, forcing the pilot to resort to evasive maneuvers to avoid being struck. Alabama Sen. Richard Shelby described the rocket attacks as “near misses,” CNN reports. “Our plane started maneuvering and changing directions and shaking all around,” the senator said. More »

      Tags

      Iraq  • airplane  • Mel Martinez  • Richard Shelby  • James Inhofe

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