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Richard Shelby

  • WASHINGTON, July 13- This year was supposed to be different for Congress. U.S. lawmakers expected that a promising budget deal reached after a government shutdown last year would herald a new normal for passing annual spending bills, moving Congress away from the crisis-driven approach and resulting economic jitters of recent years.

  • Sen. Richard Shelby, (R-AL), explains why he voted against the "fiscal cliff" bill, and weighs in on the need to "reform entitlement" programs.

  • WASHINGTON, Oct 5- Senators from the U.S. Gulf Coast urged President Barack Obama on Friday to ensure that any legal settlement for the 2010 Gulf of Mexico oil spill does not undermine a recently passed law that would funnel billions of dollars worth of fines to their states.

  • WASHINGTON, Oct 5- Senators from the U.S. Gulf Coast urged President Barack Obama on Friday to ensure that any legal settlement for the 2010 Gulf of Mexico oil spill does not undermine a recently passed law that would funnel billions of dollars worth of fines to their states.

  • "Was this gambling or managing risk?" asks Sen. Richard Shelby, (R-AL) and ranking member on the Senate Banking Committee, discussing what he wants to hear from Jamie Dimon during testimony today on JPMorgan's huge trading losses.

  • Senate Panel Approves Diamond Nomination     Thursday, 12 May 2011 | 10:03 AM ET

    CNBC's Hampton Pearson has the latest details on the Senate banking committee hearing on Dodd/Frank .

  • The White House is struggling to fill key financial posts in the administration as a combination of Senate opposition and candidates’ reluctance to join up leaves critical positions empty. The FT reports.