I haven't said I'd vote for him or against him, but he hasn't been nominated yet. I've been on Senate Banking Committee a long time, chaired Senate Banking Committee three times, and I raised that in the caucus. Senate Banking Committee would be Senate Banking Committee, being a member of the board of governors of the Federal Reserve is an important job, and you should not have controversy following you in or out of the job.

Richard Shelby

Richard Craig Shelby is the senior United States Senator from Alabama. First elected to the Senate in 1986, he is the Chairman of the United States Senate Committee on Banking, Housing, and Urban Affairs. Born in Birmingham, Alabama, Shelby received his law degree from the Birmingham School of Law in Birmingham, where he went on to serve as city prosecutor. During this period he worked as a U.S. Magistrate for the Northern District of Alabama and Special Assistant Attorney General of Alabama. He won a seat in the Alabama Senate in 1970. In 1978 he was elected to the United States House of Representatives from the 7th District, where he was among a group of Conservative Democrats known as the boll weevils. Shelby won a tight race as a Democrat in 1986 for the U.S. Senate. Partway through his second term, he switched to the Republican Party in 1994; that year the Republicans gained the majority in Congress midway through President Bill Clinton's first term. Shelby was re-elected by a large margin in 1998 and has faced no significant electoral opposition since.

All Richard Shelby quotes | Richard Shelby Books