"I am who I am, and I am from Alabama."
This quote by Richard Shelby expresses a sense of identity rooted in both personal character and geographical origins. He is declaring that he is proud of his individuality, acknowledging "who I am," while also affirming his strong connection to the state of Alabama, reflecting "I am from Alabama." In essence, it conveys a deep sense of belonging and authenticity, highlighting the interplay between personal identity and regional background.
"If it isn't broken, you don't fix it—unless it's in the way of progress."
This quote by Richard Shelby emphasizes a balanced approach towards change and preservation. It suggests that if something is functioning well and not causing harm (broken), there's no need to alter it (fix it). However, if an existing situation or system is hindering progress or development, then it should be reconsidered for modification or replacement. Essentially, the quote encourages us to find a balance between maintaining what works and embracing necessary changes that pave the way for advancement.
"Government doesn't create jobs; the private sector creates jobs."
The quote suggests that businesses, not government entities, are primarily responsible for generating employment opportunities. This perspective implies that government interventions like taxation policies or infrastructure projects may indirectly stimulate job creation in the private sector but should not be viewed as a direct job creator themselves. Instead, it advocates for a focus on fostering an environment conducive to business growth and innovation to create sustainable jobs.
"I believe strongly that we should not be spending money that we do not have."
The quote by Richard Shelby emphasizes fiscal responsibility, which is a principle advocating for governments to avoid overspending or accumulating debt beyond their financial means. He suggests that it's important to manage public funds in a manner that ensures sustainability and security for the future, rather than spending recklessly. This view encourages prudent budgeting and financial planning at the government level, promoting economic stability.
"We are here to serve the people, not to rule them."
This quote emphasizes that public officials should prioritize serving the needs and interests of their constituents, rather than exerting power or control over them. It suggests a commitment to democracy, transparency, and accountability, where leaders are servants who facilitate the well-being and prosperity of the people they represent. The sentiment encourages humility, empathy, and responsiveness from those in positions of authority, emphasizing that true leadership is about empowering others rather than wielding power over them.
Wells Fargo's internal review only covers unauthorized accounts dating back to 2011. News reports and court documents suggest these problems might have existed long before then. The 2013 'Los Angeles Times' articles led to the L.A. city attorney's office investigation into Wells Fargo's sales practices.
- Richard Shelby
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.
- Richard Shelby
A number of former Wells Fargo employees have described their work environment characterized by intense pressure to meet aggressive and unrealistic sales goals. In a 2010 letter to shareholders, Mr. Stumpf wrote that Wells Fargo's goal was eight products per customer because eight rhymed with great.
- Richard Shelby
I believe that when you are attacked like we were attacked in America by these terrorist groups, that we not only have to respond in kind, we've got to go farther. We've got to destroy these groups because just sure as we don't - if we didn't respond, we will be hit again and again and again, and we will live in fear.
- Richard Shelby
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