Chris Dodd

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Dodd, Shelby at 'Impasse' Over Financial Reform

Prospect of bipartisan deal fades

(Newser) - Attempts to craft a bipartisan financial regulatory overhaul have broken down, Chris Dodd announced today, raising the possibility of another partisan brawl like the health care debate. “Last night, Senator Shelby assured me that he is still committed to finding a consensus,” the Senate Banking Committee chairman said...

Bank Risk Rules Could Die in Senate
 Bank Risk Rules 
 Could Die in Senate 
DODD: BIPARTISAN OR BUST

Bank Risk Rules Could Die in Senate

Retiring Dodd wants GOP support, Obama be damned

(Newser) - President Obama’s plan to limit the amount of risk big US banks can take could well die in the Senate if the measure isn’t seen as bipartisan enough by Chris Dodd, the retiring Banking Committee chair, and Senate Republicans. “He wants to end his career with an...

Bernanke Nom Builds Steam


 Bernanke Nom 
 Builds Steam 
WH, DODD, GREGG 'VERY CONFIDENT'

Bernanke Nom Builds Steam

Geithner, Dodd, Gregg all 'very confident' he'll win second term

(Newser) - Amid gathering clouds over his reconfirmation parade, Ben Bernanke's chances have appeared to turn around, with Tim Geithner joining key banking committee senators Chris Dodd and Judd Gregg in saying he is "very confident" the Fed chair would succeed. A White House aide further confirmed to Politico that President...

Dems May Cave on Consumer Agency
Dems May Cave on Consumer Agency 

Dems May Cave on Consumer Agency

Proving they serve banks, not families, says Elizabeth Warren

(Newser) - Senate Democrats are signaling that they're willing to drop the independent Consumer Financial Protection Agency to get financial reform passed, but they'll have to go through bailout watchdog Elizabeth Warren to kill it. The fight over the independent agency is a showdown between the banks' interests and those of American...

Now Dodd Can Make a Real Difference
Now Dodd Can Make a Real Difference

Now Dodd Can Make a Real Difference

Lame duck can cut a deal with GOP on financial oversight

(Newser) - Sen. Chris Dodd’s decision not to seek reelection could make financial regulatory reform more likely while burnishing his own tainted legacy. Oddly, the route to legislative success for the historically Wall Street-connected Dodd would require him to back away from the more populist, pro-consumer stance he took when his...

Dems Desperately Seeking North Dakotan
 Dems Desperately 
 Seeking North Dakotan 
OPINION

Dems Desperately Seeking North Dakotan

Byron Dorgan's resignation leaves party in bind, writes Collins

(Newser) - Two senator retirements do not a Democratic crisis make—especially when Chris Dodd's stepping aside is actually great news for the party—but the party may have a dilemma in North Dakota, writes Gail Collins. Byron Dorgan's retirement has taken everybody by surprise. Unlike in Connecticut, nobody seems ready to...

Dodd: 'Toughest Political Shape of My Career'

Connecticut senator makes it official: He's retiring

(Newser) - Sen. Chris Dodd, saying he was in "the toughest political shape" of his career, made it official today and announced that he won't run for re-election in November. Speaking outside his home in East Haddam, Conn., Dodd says he's had a tough year. "I lost a beloved sister...

Loss of Dodd, Dorgan, Ritter Stings Democrats
Loss of Dodd, Dorgan, Ritter Stings Democrats
Analysis

Loss of Dodd, Dorgan, Ritter Stings Democrats

North Dakota Senator the most devastating departure

(Newser) - Democrats are feeling sick to their stomachs today in the wake of the stunning announcements that Chris Dodd, Byron Dorgan, and Bill Ritter would all abandon their reelection bids. Dorgan is the real loss here, Politico reports; Republicans stand a strong chance of picking up the North Dakota senator’s...

Dodd to Join Ritter, Dorgan in Dem Exodus

Connecticut Dem second senator to eschew re-election bid in 24 hours

(Newser) - Embattled Connecticut Sen. Chris Dodd plans to announce today that he will not seek re-election this year, ending a 30-year Senate career, according to Democratic sources. Dodd joins Sen. Byron Dorgan who announced his exit less than 24 hours ago, and Colorado Gov. Bill Ritter, expected to do the same...

GOP Opposes Consumer Agency as 'New EPA'

Senate Repubs resist independent agency as a business-killer

(Newser) - Get ready for a bruising showdown over the consumer protection agency the Democrats are trying to create: GOP senators are pledging to kill a standalone body, which is critical to the Dems' plan. A strong, independent CFPA is anathema, says Utah Republican Robert Bennett: "Can you say EPA?" Bennett...

Dodd Rips Newbies—Ahem, Franken—for Lacking 'Civility'

Comment may be dig at Minn. freshman, who shut down Lieberman

(Newser) - Chris Dodd battled a perceived lack of decorum in the Senate yesterday with some stern language from the floor. The Connecticut Democrat did not name names but rather cryptically chastised the Senate’s “newer members” for failing “to understand how the Senate has worked for more than two...

Shelby, Dodd Expect Bipartisan Financial Reform

January markup possible as fears of a partisan battle fade

(Newser) - Hoping to avoid a repeat of the health care dogfight, Chris Dodd and Richard Shelby think they’ve made “meaningful progress” on a bipartisan deal on financial regulatory reform. Dodd’s initial solo draft of the bill drew Republican jeers asked top members of his Senate Banking committee to...

Health Care Acrimony Could Kill Climate Bill

Dems need support of Republicans, who aren't feeling friendly

(Newser) - Key GOP senators are warning that the bitter health care battle could spill over into the climate change bill, delaying it or scuttling it outright. Normally clubby senators are nursing wounds and blaming Democrats for the fiercely partisan wrangling. “It makes it hard to do anything because of the...

Banking Panel Snipes at Bernanke, But Backs Him

The 16-7 vote reveals unease about Fed chairman

(Newser) - The Senate banking panel endorsed Ben Bernanke’s nomination for a second term atop the Fed, but it was hardly a slam dunk for Time’s new person of the year. The 16-7 vote was a far cry from his original, near-unanimous appointment, with only four of the committee’s...

Ron Paul Poised to Finally Pass Fed Audits

For first time in nine tries, amendment goes to House floor

(Newser) - For Ron Paul, it's got to be sweet. The financial regulatory reform bill that opened for debate in the House today contains Paul's amendment to subject the Fed to congressional audit—his ninth try in 11 years in office to get a Fed-curbing proposal into play. Until now, none of...

Wrestlers Smack Down McMahon Senate Run

WWE offered no health insurance, made sport seedy, scandal-ridden

(Newser) - A raft of former WWE wrestlers hope some well-aimed punches at ex-CEO Linda McMahon will send her Senate campaign to the mat. In addition to not providing health coverage—the wrestlers are independent contractors—they fault McMahon, a Connecticut Republican running for Chris Dodd's seat, for coarsening the spectacle. "...

Bernanke on Defensive in Confirmation Hearing

Senators full of criticisms for the Fed

(Newser) - Ben Bernanke was forced to play defense in his confirmation hearing today, as the Senate Banking Committee rained down criticism on the Fed and its chairman. Some, like Chris Dodd, signaled approval of Bernanke’s leadership but not of the Fed’s bid for increased regulatory control. “Why should...

Nader Considers Run Against Dodd

He's 'absorbing' reaction and studying grassroots support

(Newser) - Ralph Nader says he is "absorbing" the reaction he's receiving about a possible bid for the Senate and wants to first gauge the level of grassroots support before making a decision. Supporters have called on the 75-year-old Connecticut native to jump into the hotly contested race to challenge Democrat...

Dodd Unveils Sweeping Financial Overhaul Bill

It would create new oversight agencies

(Newser) - Chris Dodd introduced a sweeping financial regulation bill that creates no fewer than three new agencies to oversee the banking industry. Dodd’s bill creates an Agency for Financial Stability to identify systemic risks to the economy as a whole. It entrusts all bank supervision to the Financial Institutions Regulatory...

Democrats Who Should Be Worried
Democrats
Who Should
Be Worried
Analysis

Democrats Who Should Be Worried

Election '09 puts the fear into these 2010 incumbents

(Newser) - If, as Max Baucus says, Tuesday’s elections should be a “wake-up call” for Democrats, Politico knows which lawmakers should be drinking caffeine:
  • Harry Reid: The majority leader is a little like Jon Corzine; an unpopular incumbent in a state where the economy is especially bad. And like Corzine,
...

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