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FRIDAY, NOVEMBER 27, 2009
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NEWS ABOUT: Chris Dodd

Chris Dodd stories: 88 news summaries

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TALK SHOW ROUNDUP



 Biden: 'Real 
 Doubts' About 
 Iran Poll Results 

Elsewhere, officials spar over pending health care proposals

Jun 14, 09 11:11 AM CDT
(Newser) - Vice President Joe Biden this morning expressed “some real doubt” that Mahmoud Ahmadinejad legitimately won re-election in Iran, Politico reports. “There’s an awful lot of questions about how this election was run,” he told Meet the Press. On health care, Biden reiterated President Obama’s reluctance... More »

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Iran • Joe Biden • Mahmoud Ahmadinejad • Chris Dodd • Charles Grassley • talk show • health care reform • Kathleen Sebelius • benefits • Iranian election • Mir Hossein Mousavi

Dems Proceed on Health Care Without Ailing Kennedy

Dodd takes senator's place in meetings

Jun 5, 09 6:20 AM CDT
(Newser) - Ted Kennedy's absence is being keenly felt as Senate Democrats and the White House prepare to move ahead on health care legislation without him, the Los Angeles Times reports. The senator, whom lawmakers from both sides had hoped could craft a bipartisan compromise, is being treated for a brain tumor... More »

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health care • Senate Democrats • Ted Kennedy • Senate Health Committee • Chris Dodd • health care reform • brain cancer

(Newser) - The Obama administration is finalizing a legislative proposal that would strengthen the reach of financial regulatory agencies, the New York Times reports. The plan wouldn’t likely consolidate the four major bank regulators, which could meet with fierce opposition in Congress. “I don’t mind overlap as much as... More »

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Federal Reserve • financial markets • Chris Dodd • Treasury Department • Barney Frank • bank regulation • Obama administration • President Obama

INTERVIEW

Like Father,
Like Son: Dodd Fights for Future

Conn. senator's recent troubles echo those of his disgraced dad

May 31, 09 4:32 PM CDT
(Newser) - For the second time in recent memory, a Senator Dodd from Connecticut is accused of corruption and faces a rocky political future, Newsweek reports. The current senator, Chris Dodd, is a 28-year veteran and former presidential candidate, but after devising an AIG loophole and appearing to make shady housing deals,... More »

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corruption • Connecticut • Chris Dodd • AIG • Countrywide • US Senate

Banks Raised $56B Since Tests: Geithner

Stress assessments boost confidence, have helped markets heal

May 20, 09 2:16 PM CDT
(Newser) - Government stress tests boosted confidence in the nation’s biggest banks and helped them raise $56 billion in needed capital, Treasury Secretary Tim Geithner told Congress today. His remarks were met by bipartisan skepticism, with members noting that smaller institutions still face severe challenges, the Wall Street Journal reports. “... More »

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bank • Chris Dodd • Richard Shelby • Senate Banking Committee • Obama administration • Timothy Geithner • TARP • stress tests

Schumer Wants Faster Action on Credit Cards

Rules on deceptive practices don't take effect until 2010

Apr 23, 09 1:49 PM CDT
(Newser) - Sen. Chuck Schumer is putting pressure on the Fed and the Office of Thrift Supervision to enact restrictions on the business practices of credit card firms more quickly, the New York Daily News reports. The agencies have drafted new rules banning deceptive practices like hidden fees and retroactive rate hikes,... More »

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Congress • Charles Schumer • Federal Reserve • Chris Dodd • credit card • lending practices • Office of Thrift Supervision • predatory lending • credit card accounts

(Newser) - The AIG bonus scandal has battered Connecticut Democrat Chris Dodd’s Senate reelection chances, the Hartford Courant reports. A new poll shows the five-term incumbent trailing GOP challenger Rob Simmons by 16%, a deficit one analyst calls “staggering.” Overall, Dodd’s approval is at 33%. And since AIG,... More »

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Congress • Connecticut • Chris Dodd • Senate race • Quinnipiac University • opinion polls • Election 2010 • Rob Simmons

analysis

Will the Real Chris Dodd Please Stand Up?

Senator part populist, part bank ally

Mar 27, 09 12:38 PM CDT
(Newser) - Chris Dodd is a man of contradictions, writes David Whitford for Fortune. The Democratic senator portrays himself as a populist; he’s passed consumer-protection and family-issues laws, and he staunchly opposed the bankruptcy bill. But he’s also received loads of cash from financial companies, including AIG, and... More »

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Chris Dodd • AIG • campaign contributions • Senate Banking Committee • bank regulation

(Newser) - Sen. Chris Dodd says that if he had known the purpose of changes to legislation he drafted for the stimulus package, he “would have flatly rejected it,” CNN reports. Dodd’s rewrite, at the behest of unnamed Treasury officials, allowed AIG and others receiving federal assistance to dole... More »

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Congress • legislation • Chris Dodd • AIG • Treasury Department • bonuses • economic stimulus package • Obama administration

Dodd Weakened by Outcry Over AIG Bonuses

Confusion over Conn. senator's role adds to mounting woes

Mar 20, 09 7:38 AM CDT
(Newser) - The financial crisis has exacted a political toll on Sen. Chris Dodd few would have seen coming. The veteran senator, elected in 1980, now trails his challenger by 1%, reports the Hill. Resentment of VIP mortgages he received was already hurting him. Dodd’s fumbled explanations of his role in... More »

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Senate • mortgage • Connecticut • Chris Dodd • AIG • bonuses

(Newser) - Treasury chief Tim Geithner said today that he asked Chris Dodd to add a stimulus loophole allowing AIG to dole out bonuses. Geithner told CNN he felt he had no choice because the government would have been vulnerable to lawsuits if it tried to stop them. "But we also... More »

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Chris Dodd • AIG • bonuses • Treasury secretary • Timothy Geithner

AIG's Money Lined Pockets
in Washington

Dodd, Bush, Obama campaigns benefited from insurer's largesse

Mar 19, 09 9:51 AM CDT
(Newser) - Chris Dodd has been a major AIG critic of late, but the Senate Banking chairman also has the uncomfortable distinction of being the politician to benefit the most from the insurer’s generosity, the Wall Street Journal reports. AIG employees have donated $280,000 to Dodd over the years,... More »

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Barack Obama • Chris Dodd • lobbying • AIG • political donations • George W. Bush

 Dodd: 'I Saved 
 AIG Bonuses at 
 White House 
 Request' 

He was follwoing White House orders, sayd Senate Banking Committee chair

Mar 19, 09 2:32 AM CDT
(Newser) - The bonus loophole mystery has been solved. Banking Committee Chairman Sen. Chris Dodd added language to the stimulus bill that allowed the AIG bonuses to stand—at the request of the White House, he told CNN. The Connecticut Democrat said he did so reluctantly at the insistence of unnamed Obama... More »

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Chris Dodd • AIG • bonuses • Senate Banking Committee • bailout • fiscal crisis

OPINION

White House Foists Bonus Blame on Dodd

Guilty Obama officials seek to shift AIG fault, press plays along

Mar 18, 09 9:31 AM CDT
(Newser) - The White House is trying to pass the AIG bonus blame to Sen. Chris Dodd, pointing to his hand in an executive-compensation clause inserted into the stimulus bill—and journalists are letting it happen, writes Glenn Greenwald in Salon. Actually, the bonuses were only possible because the Obama administration insisted... More »

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New York Times • Chris Dodd • AIG • bonuses • economic stimulus package • Larry Summers • Timothy Geithner

Nine Senators Hold Key to Health Reform

Baucus leads 'Board
of Directors' in tough bipartisan negotiations

Mar 16, 09 10:50 AM CDT
(Newser) - If Barack Obama succeeds in overhauling America's health care system by the end of 2009, he'll have to thank a bipartisan group of nine senators charged with developing a bill that can muster 60 votes. The "Board of Directors"—named by Max Baucus, Obama's go-to figure for health... More »

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health care • Congress • Senate • Ted Kennedy • Orrin Hatch • Chris Dodd • Charles Grassley • health care reform • John D. Rockefeller • Max Baucus • Kent Conrad • Judd Gregg

(Newser) - Senate Banking Chairman Chris Dodd has introduced a bill to allow the FDIC to borrow up to $500 billion from the Treasury Department, the Wall Street Journal reports. It’s the latest attempt to bolster the fund that insures consumer deposits, which has been ravaged by a string of... More »

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Ben Bernanke • Chris Dodd • banking • FDIC • banking industry

 Politicos' Loose 
 Lips Sink Stocks 

Pols still don't know their own strength on Wall St.

Feb 24, 09 12:37 PM CST
(Newser) - DC and New York usually keep a healthy distance. These days, though, Wall Street has no choice but to hang on every word of key politicians. For the pols themselves, Politico reports, that takes some getting used to. When Sen. Chris Dodd publicly toyed Friday with the idea of bank... More »

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stock market • nationalization • Chris Dodd • bear market • Robert Gibbs • Timothy Geithner

Dodd Backs Nationalizing Banks; White House Doesn't

Banking chair weighs short-term moves

Feb 20, 09 3:19 PM CST
(Newser) - Chris Dodd says the US may have to nationalize the most troubled banks for “a short time” to save the financial system, Bloomberg reports. The chairman of the Senate Banking Committee joined Ben Bernanke and Alan Greenspan in calling for serious consideration of nationalizing flailing institutions such as Bank... More »

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Citigroup • Bank of America • nationalization • recession • bank • Chris Dodd • Senate Banking Committee • bank failure • financial crisis

Limits on Exec Bonuses May Backfire

Stimulus cuts are too strict, will actually hurt economy, say experts

Feb 15, 09 11:53 AM CST
(Newser) - An 11th-hour limit on Wall Street bonuses in the stimulus bill could ultimately hurt the economy, experts say. In a surprise move, they curb not only senior executives’ pay but also traders, investment bankers, and others, the Los Angeles Times reports. “This will make it difficult to attract and... More »

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executive compensation • Chris Dodd • bonuses • economic stimulus package • Obama administration • financial crisis

 Stimulus Slashes 
 Bank Bonuses 

Package bans cash bonuses for bailed-out firms' high earners

Feb 14, 09 7:56 AM CST
(Newser) - A late addition to the stimulus package puts tougher restrictions on executive pay at bailed-out financial institutions, reports the Wall Street Journal. The rules go further than the Obama administration proposed, affect more employees, and could seriously crimp the culture of gargantuan bonuses. The big one: Bonuses can't exceed one-third... More »

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Barack Obama • executive compensation • Chris Dodd • bonuses • economic stimulus package • Obama administration • financial crisis • Wall Street bailout • President Obama • TARP

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