"He just has an extraordinary record of accomplishment, and I think the people in Connecticut will come to recognize that. He always has his constituencies at heart, and he's somebody I'm going to be relying on." -President Obama-
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Chris Dodd
I've introduced a wide-ranging overhaul of our financial system, restoring accountability and responsibility to give Americans the confidence that the system works for and protects them -- not powerful Wall Street special interests.
This is an ambitious proposal. But I know that if we want to prevent another collapse li...ke the one we are still experiencing, we need to transform the way we regulate our financial sector.
I need your help. Sign on today as a citizen co-sponsor of my overhaul bill to help make real financial reform a reality.
Chris Dodd
Senate Banking Chairman Chris Dodd (D-Conn.) Monday unveiled tough new rules limiting bank overdraft fees, jumping ahead of the Federal Reserve's move to tweak rules on bank fees.
“At a time when many can afford it least, American consumers are being hit with hundreds of dollars in penalties for overdrawing on their acc...ount by just a few dollars. Banks should not be trying to bolster their profits at the expense of their customers,” Dodd said in a statement.
-Politico
www.politico.com
Dodd unveils tough new rules limiting bank overdraft fees, jumping ahead of the Fed's move.
Chris Dodd "First, and let me be very clear about this: I am going to fight for a strong public option. The simple, undeniable fact is that a public option will save money – and it will introduce more choice and competition into an industry that badly needs both. It is the single best way to keep costs low for middle class fami...lies – and keep the insurance companies honest. And I am by no means ready to back down on making that argument."
www.dailykos.com
Next week, I’ll sit down with Majority Leader Reid, Finance Committee Chairman Baucus, and the White House to merge together the provisions of the two health care bills that have been passed by Senate committees.
Chris Dodd
"Now, with a new president, Dodd and three fellow senators are sponsoring a bill to repeal the retroactive immunity. It stands virtually no chance of success-- the current White House has no desire to refight these battles. But Dodd should be applauded for raising the issue again.
"These are principles. ... If you don't... stand up for them, you're only encouraging that behavior again," he said. Maybe those sound like the words of a politician fighting for his life. But they're also the words of someone taking on a worthwhile battle he doesn't need to fight."
Chris Dodd
"It's not just good, it's commonsense legislation.
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According to the Center for Responsible Lending, 80 percent of customers would rather have the transaction denied than be levied the outrageous fees. And that's the intent of the Senate bill, according to one of its authors, banking committee Chairman Sen. Christophe...r J. Dodd, D-Conn.
His proposal would require customers to “opt-in” to the overdraft fees, and if they don't, banks would be prohibited from charging them."
www.theday.com
Fully aware that the little guy is getting poked by banks charging customers excessive overdraft fees - The Financial Times reported banks will collect $38.5 billion in such fees in 2009 - Congress is fighting back.
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Chris Dodd
U.S. Sen. Christopher Dodd, D-Conn., introduced a bill Monday to repeal the immunity granted to telecommunications companies that allegedly participated in a warrantless wiretapping program run during the previous administration.
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“I believe we best defend America when we also defend its founding principles,” said Dod...d. “We make our nation safer when we eliminate the false choice between liberty and security. But by granting retroactive immunity to the telecommunications companies who may have participated in warrantless wiretapping of American citizens, the Congress violated the protection of our citizen’s privacy and due process right, and we must not allow that to stand.”
Dodd bill would repeal telecommunications companies’ immunity in wiretappings- The New Haven Registe
www.nhregister.com
Connecticut daily newspaper covering news including local sports, video and multimedia coverage, and classified advertising.
Chris Dodd
Senator Chris Dodd (D-CT) has announced that the Connecticut Department of Transportation (ConnDOT) will receive $7 million in economic recovery funds to pursue cutting-edge environmental technologies to help reduce global warming, lessen America’s dependence on oil and create green jobs. The Department of Transportati...on received 561 applications for funds, of which 43 were selected.
“This is a big win for our state, a big win for our environment, and a big win for folks in Connecticut who rely on public transportation,” Dodd said on conference call with reporters. “Connecticut is ready to be a national leader when it comes to green transit, and the funding awarded today by Secretary LaHood and Administrator Rogoff will go a long way towards achieving that goal.”
environmentalheadlines.com
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Chris Dodd
"That decision sends a clear message that Dodd is committed to moving a comprehensive regulatory overhaul bill, said Lendell Porterfield, a former senior aide on the Senate Banking Committee.
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It also makes it more likely that any regulatory overhaul bill produced in the Senate will be more aggressive in cracking down... on questionable financial products and putting into law greater consumer protections."
www.nasdaq.com
NASDAQ News: Consumer Help, Regulatory Reform Boosted By Dodd Decision
Chris Dodd
"Sen. Chris Dodd says he's determined to complete Ted Kennedy's life work on health care reform"
"Dodd said that he thinks Kennedy "felt confident that we were on track" and that Kennedy's spirit "will be very much a part" of the legislative push for health care."
www.sfexaminer.com
Sen. Christopher Dodd says he'll push hard to win the far-reaching health care overhaul championed by Sen. Edward Kennedy, whom Dodd viewed almost like a brother.
Chris Dodd
"Yet the ethics panel acknowledged that Mr. Dodd didn't ask for preferential treatment or even get the best deal Countrywide had to offer.
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The committee's finding validates the faith President Barack Obama placed in him. It should restore constituents' faith as well."
www.courant.com
The Senate Ethics Committee took its time, but its exoneration of Sen. Christopher J. Dodd on Friday put his mortgage deals in proper perspective: He didn't violate the rules, but should have paid more ...
Chris Dodd
"Three Connecticut spots, including The Mark Twain House & Museum and the new Science Center of Connecticut, have been ranked among the top 100 places to bring your kids this summer by Wired.com.
As part of the international list developed by contributing writer Doug Cornelius, who writes Wired's "Geekdad" for the onlin...e site, both places are "not to be missed" destinations when it comes to "fun, geeky places..."
www.courant.com
U. S. Sen. Christopher Dodd's wife, Jackie Clegg Dodd and daughter, Christina, at the KidsSpace exhibit at the Connecticut Science Center on Tuesday. (COURTESY OF THE CONNECTICUT SCIENCE CENTER / July 21, 2009)
See MoreChris Dodd Send a message to lobbyists to let them know how bad you feel that Chris Dodd is fighting for our interests in the Senate instead of theirs. We'll keep you updated with more news about how Chris Dodd is putting the people of Connecticut ahead of those poor lobbyists.
Chris Dodd
"U.S. Sen. Chris Dodd, D-Connecticut, called on federal regulators Thursday to enforce reviews of credit card interest rate hikes next year that look back to Jan. 1 of this year.
In a letter to Federal Reserve Chairman Ben Bernanke and the heads of other regulatory agencies, Dodd urged the crafting of rules to enforce the look-back provisions..."
www.theday.com
U.S. Sen. Chris Dodd, D-Connecticut, called on federal regulators Thursday to enforce reviews of credit card interest rate hikes next year that look back to Jan. 1 of this year.
Chris Dodd "The Senate Health, Education, Labor and Pensions Committee, which has been struggling in the absence of ailing Chairman Ted Kennedy, has put out a full version of a health reform bill that solves many of the problems of its earlier versions and trial balloons. This amounts to enormous progress, largely creditable to C...onnecticut Senator Chris Dodd, who has taken the helm of the committee in Kennedy's stead."
