More

Chris Dodd Retiring From Senate; Richard Blumenthal, Attorney General, Will Run

JOHN CHRISTOFFERSEN and SUSAN HAIGH   01/ 6/10 05:55 PM ET   AP

Chris Dodd Retires

EAST HADDAM, Conn. — Christopher Dodd vowed just days ago that he was staying in the race for re-election to the Senate, but he announced Wednesday that he would not seek a sixth term and revealed the private soul-searching that led to his decision to end a four-decade career in Congress.

Dodd, speaking outside his home in East Haddam, said he will retire after his current term.

"I lost a beloved sister in July and, in August, Ted Kennedy. I battled cancer over the summer, and in the midst of all of this, found myself in the toughest political shape of my career," he said.

Dodd said the challenges he faced led him to ask himself why he was running.

Dodd said that question was on his mind as he cast a historic vote on Christmas Eve for a health care bill and then visited Kennedy's grave at Arlington National Cemetery in the snow, "wishing I could have seen the look in Teddy's eyes" as the Senate voted to pass the bill.

Dodd said he thought about his career and talked to his wife over the holidays.

"And that is how I came to the conclusion that, in the long sweep of American history, there are moments for each elected public servant to step aside and let someone else step up," Dodd said.

His political stock fell after a controversy involving low-rate mortgages he received under a VIP program, the financial meltdown and his failed 2008 presidential bid. The 65-year-old chairman of the Senate Banking Committee, who also served three terms in the House, was trailing former Republican Congressman Rob Simmons in the polls.

Connecticut's popular Democratic attorney general, Richard Blumenthal, quickly announced he would run to replace Dodd. Blumenthal, 63, said he has had his eye on the Senate for years.

"People in Connecticut know I have never walked away from a fight, and I have always put them first," said Blumenthal, who has been attorney general since 1990.

Blumenthal praised Dodd for his service and said he had learned of Dodd's decision within the previous 24 hours. He said he wanted to go to Washington to fight against scams and special interests.

Dodd's banking committee was at the center of efforts to stop the economic meltdown. And Dodd has played a prominent role in the debate over health care, taking over for Kennedy during his illness and then after his death.

Some of the home-state backlash came when, during his presidential bid, Dodd moved his family to Iowa several weeks before the caucuses there.

The mortgage controversy dogged him for months. The Senate ethics panel cleared him of breaking rules by getting the mortgages but scolded him for not doing more to avoid the appearance of sweetheart deals. Dodd insisted the rates he received were available to other consumers with good credit.

The controversy faintly recalled the troubles that brought down his late father, former Sen. Thomas J. Dodd, who was censured by his colleagues in 1967 for using campaign money to pay personal bills. Thomas Dodd served two terms in the Senate.

"You have honored me beyond words with your confidence," Dodd said Wednesday. "Let me quickly add that there have been times when my positions and actions have caused some of you to question that confidence. I regret that."

Dodd led his primary challenger, businessman and former Air Force officer Merrick Alpert, in the polls, but those surveys suggested his Republican challengers stood a chance of knocking him off in the November election.

"He really was not able to budge his low honesty and trustworthy number and that's something really hard for an elected official to change," Quinnipiac University Poll Director Douglas Schwartz said. "Once people don't trust you, it's a tough thing to turn around."

Dodd said he was "very aware of my present political standing here at home, but it is equally clear that any certain prediction about an election victory or defeat nearly a year from now would be absurd."

A spokesman for Dodd said the senator spoke with President Barack Obama before making Wednesday's announcement. Details on what was said weren't released. Dodd didn't take questions at his news conference.

Obama said in a statement that Dodd's leadership would be missed.

"He has worked tirelessly to improve the lives of our children and families, support good jobs for hardworking Americans, and keep our nation strong and prosperous," Obama said.

The three Republicans running for Dodd's seat – Simmons; Linda McMahon, the former chief executive of World Wrestling Entertainment; and Peter Schiff – said his decision won't hurt their chances.

"Whoever the Democratic nominee is, he or she will have to defend the failed Democratic policies of higher taxes, bigger government, exploding debt and a misguided approach to national security," Simmons said.

With Blumenthal as the candidate, Democrats have the edge, Schwartz said. His lowest job approval number since 2001 was 71 percent in November 2004. His highest was 81 percent in March 2009.

"It's not over, but certainly the Democrats are in much better shape," Schwartz said. "The race has flipped from leaning Republican to leaning Democrat."

Howard Reiter, a University of Connecticut political science professor emeritus, said Blumenthal starts out in a strong position, but "I don't think he's had a tough campaign in a long time."

Blumenthal, a former Marine who lives in Greenwich with his wife and four children, is a former federal prosecutor and former state legislator.

____

Haigh reported from Hartford, Conn. AP writers Liz Sidoti and Andrew Miga in Washington and Dave Collins in Hartford contributed to this report.

FOLLOW HUFFPOST POLITICS

EAST HADDAM, Conn. — Christopher Dodd vowed just days ago that he was staying in the race for re-election to the Senate, but he announced Wednesday that he would not seek a sixth term and reveal...
EAST HADDAM, Conn. — Christopher Dodd vowed just days ago that he was staying in the race for re-election to the Senate, but he announced Wednesday that he would not seek a sixth term and reveal...
Filed by Nick Graham  | 
 
 
  • Comments
  • 309
  • Pending Comments
  • 0
  • View FAQ
Comments are closed for this entry
View All
Favorites
Recency  | 
Popularity
Page: 1 2 3 4 5  Next ›  Last »  (9 total)
07:10 AM on 01/07/2010
Dobb must have looked at his bank account(s) and said "I do have enough"
HUFFPOST SUPER USER
BocaMom
12:22 AM on 01/07/2010
It looks like the rats have already started to leave the ship.
photo
HUFFPOST SUPER USER
Hansharriet
10:36 PM on 01/06/2010
Senator Dodd not only "fell asleep" while chairing the Senate Banking Committee, he also was sitting comfortably in the pockets of the big Banks, getting campaign contributions from them and helping them to screw the American people.
Good Riddance, Senator Dodd. Now you can join the Banking Lobbyists, who you helped all along!
08:09 PM on 01/06/2010
First Senator I met as an idealistic student was a silver-haired one named Dodd. Many nights in his home I listened to his wisdom as he fired up my hope in America. One evening, I was introduced to a Spanish-speaking young Dodd and he explained why he devoted himself to Peace Corps fighting poverty in Latin America. I had to watch in tears as his dad’s career went down under a cloud. Now old, I watched that idealist kid, now also silver-haired, going down, leaving the US Senate like his dad under some cloud. They may have been bad boys, but they were also very good boys whose moral sense drove them beyond the cynicism of WashDC. History won’t forget the millions wretched poor seeking to breathe free that they helped with legislation. As Senators they both moved 1000 tons granite obstacles to produce legislation that people who can't even lift one pound need in order to stay alive. We all age and it’s when old and helpless that we realize how often these Dodds in the Senate SAVED US AND OUR NATION. I never met the third generation of Dodds, but if they ever need to know that their dad and granddad were historic giants driven by caring hearts, come to me, kids, I learned it one-on-one and now my old-age is soothed by their legislative labors.
This user has chosen to opt out of the Badges program
01:39 PM on 01/07/2010
Glad to hear from a member of Dodd's staff
photo
HUFFPOST SUPER USER
Anym
Obama is GoldmanSachs
07:16 PM on 01/06/2010
Good riddance.

Chris Dodd abused his power to help wealthy intrenched interest abuse the American people.

Now anyone know how progressive this Richard Blumenthal guy is, because last thing we need is Dodd redux and end up electing another Senator wholly owned by the banks.
06:40 PM on 01/06/2010
“He will be greatly missed.........


By Every Mega:

Financial Services, Banking, Insurance and Pharmaceutical Corporation Extant.
politiwit.com

Chris Dodd's 2010 Donor List From Opensecrets.org:

Top 20 Contributors to Campaign Cmte
Rank Contributor Total Indivs PACs
1 Citigroup Inc $265,694 $260,694 $5,000
2 SAC Capital Partners $262,800 $262,800 $0
3 United Technologies $255,800 $250,800 $5,000
4 Royal Bank of Scotland $223,700 $211,700 $12,000
5 ActBlue $209,000 $209,000 $0
6 Bear Stearns $190,500 $190,500 $0
7 American International Group $187,900 $167,900 $20,000
8 Merrill Lynch $129,950 $129,950 $0
9 Goldman Sachs $127,950 $120,950 $7,000
10 Credit Suisse Group $114,800 $107,300 $7,500
11 Morgan Stanley $110,600 $110,600 $0
12 Travelers Companies $104,700 $94,700 $10,000
13 JPMorgan Chase & Co $103,550 $99,550 $4,000
14 The Hartford $94,800 $94,800 $0
15 Hartford Financial Services $90,300 $80,300 $10,000
16 St Paul Travelers Companies $88,750 $88,750 $0
17 General Electric $86,800 $78,800 $8,000
18 FMR Corp $83,950 $68,950 $15,000
19 Ernst & Young $82,750 $72,750 $10,000
20 Bank of America $80,350 $60,350 $20,000
http://www.opensecrets.org/politicians/contrib.php?cycle=2010&cid=N00000581&type=I

Politiwit.com
06:33 PM on 01/06/2010
Good things come to those who wait! Fresh start for a patriot to fill the slot, not a politician!
06:20 PM on 01/06/2010
For "retiring"
06:20 PM on 01/06/2010
Thank You Chris.
06:07 PM on 01/06/2010
One rarely hears this much cr@p from a Politician... he's retiring because he won't be reelected...
05:35 PM on 01/06/2010
Don't weep for Senator Dodd. The banking industry will take care of him. He eraned his keep at the consumer and tax-payers expense. His motto - Strike when the "iron is hot" and the going is good.

Senator Dodd will make more money after retirement than working in the senate.

Of course he will continue to enjoy all his senatorial perks and the luractive retiremant package; courtsey of the American tax-payer..
05:27 PM on 01/06/2010
As a member of the Connecticut Democratic Party I couldn't be happier that Senator Dodd is retiring. I haven't been a fan of his for some time and now I can rest assured that we won't lose this crucial seat to the Party of No.
07:53 PM on 01/06/2010
I am a CT Republican and I will not be pulling a lefty lever.....and I am not alone.
photo
HUFFPOST PUNDIT
brt929
08:54 PM on 01/06/2010
No, I hear there is about 5 or 6 of you- you represent those people that continue the same actions over and over, and then expect different results. You know, what Einstein considered insanity.

Let's be glad the rest of the citizens have the capacity to learn from past behavior.
09:10 PM on 01/07/2010
.........and Blumenthal is leading all possible Republican challengers by 30 points.........
This user has chosen to opt out of the Badges program
photo
breakingpoint
War is a Racket - Smedley Butler
05:26 PM on 01/06/2010
one year from today we will see Dodd as a wall street lobbyist
This user has chosen to opt out of the Badges program
photo
UpFromLiberalism
Liberalism is totalitarianism with a human face.
04:58 PM on 01/06/2010
Obama's DHS calls Detroit a11ack

'midair wardrobe malfunction'
photo
HUFFPOST SUPER USER
Jeronimo Dan
04:55 PM on 01/06/2010
30 years to late for this old crook.