Chris Dodd

Let's Not Kid Ourselves: Unless You're on Wall Street, It's All Smoke and Mirrors

John Taylor | Posted 05.25.2011

John Taylor

It's obvious that trial modifications and loan forebearances -- the main thrust of the administration's Home Affordable Modification Program -- are just delaying foreclosures that are dragging down economic recovery efforts.

Reform Deja Vu: Democrats Follow Failed Health Care Strategy and Preemptively Surrender on Consumer Financial Protection Agency [Updated]

Arianna Huffington | Posted 05.25.2011

Arianna Huffington

Senate Democrats, in the hope of attracting Republican votes, appear to have surrendered on the Consumer Financial Protection Agency. They've mastered the art of negotiating against themselves. READ MORE Political Oscars 2010 It's time again for our annual mash-up of this year's noteworthy achievements in the worlds of politics and entertainment. READ MORE Want to Come to the Taping of Our New Sitcom? WATCH: Arianna Discusses Move Your Money on CBS Sunday Morning WATCH: Arianna Discusses Weakened Financial Reform Legislation on CNN WATCH: Arianna Talks Too Big To Fail, Undercover Boss, and "Air Traffic Control Boy" on Real Time With Bill Maher

No Accountability in NY or DC: $15 Billion for Jobs, $20 Billion for Bonuses - and Dodd Still Wants to Compromise

Richard (RJ) Eskow | Posted 05.25.2011

Richard (RJ) Eskow

29 million unemployed Americans will receive less financial support in total than was given out in bonuses to about 165,000 Wall Street employees. If you don't feel like a sucker yet, you're probably not paying attention.

Ryan Grim

Dodd: Put CFPA Inside Federal Reserve

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Sen. Chris Dodd (D-Conn.) reached out to fellow members of his Banking Committee on Monday to float the latest proposal for a compromise Consumer Fina...

Ryan Grim

Consumer Groups Rip Chris Dodd Over Financial Protection Agency Compromise

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Consumer advocates are reacting harshly to a compromise Consumer Financial Protection Agency being proposed by Banking Committee Chairman Chris Dodd (...

Dodd Proposes Financial Protection Agency Within Treasury

New York Times | SEWELL CHAN | Posted 05.25.2011

The chairman of the Senate Banking Committee on Friday proposed creating a Bureau of Financial Protection inside the Treasury Department to regulate m...

Chris Dodd on "Jingle Mail"

Mike Stark | Posted 05.25.2011

Mike Stark

We always only hear about the "moral obligations to pay debts" in the context of consumer conditioning, even with millions of homeowners under water. And yet, such lessons don't apply to big business.

Dodd & Corker's Financial Deal: "Bipartisan"? Sure. "Creative"? Maybe. Effective? No.

Richard (RJ) Eskow | Posted 05.25.2011

Richard (RJ) Eskow

It's bad enough that consumers are likely to get the short end of the stick with the Dodd-Corker financial regulation deal. What may be even worse is that it's a recipe for bureaucratic gridlock and regulatory impotence.

Dodd: Changing The Filibuster Rules Would Be 'Foolish' (VIDEO)

Posted 05.25.2011

On Morning Joe today, Sen. Chris Dodd (D-Conn.) said that changing the filibuster rules would be "foolish." "There's nothing wrong with partisanship....

Sam Stein

Dodd: Filibuster Reform Is "Foolish", "I'm Totally Opposed" (VIDEO)

HuffingtonPost.com | Sam Stein | Posted 05.25.2011

There are a whole host of obstacles preventing Democrats from passing filibuster reform in the Senate. One of them is fellow Democrats. On Wednesday...

Chris Dodd: Obama Will Be 'Overwhelmingly' Elected To Second Term

The Hill | Posted 05.25.2011

Appeaing on Imus in the Morning, [Sen. Chris Dodd (D-Conn.)] rejected a comparison between Obama and Jimmy Carter and said Obama will be more politica...

Progressive Hardball

Robert Kuttner | Posted 05.25.2011

Robert Kuttner

If Democrats can start sounding like Democrats again, they'll have a better shot at holding onto their majority in Congress next November.

Friday Talking Points [111] -- Use It Or Lose It

Chris Weigant | Posted 05.25.2011

Chris Weigant

President Obama this week has successfully put the Republican Party on the defensive. This could be a fleeting thing, or it could be the start of a whole new way for Obama's administration to operate.

Sam Stein

Dodd Tries Again To Get Bipartisan Support On Regulatory Reform

HuffingtonPost.com | Sam Stein | Posted 05.25.2011

Days after instructing his staff to begin crafting financial regulatory reform without Republican input, Senate Banking Committee Chairman Chris Dodd ...

Shahien Nasiripour

Dodd To Push For Independent Consumer Financial Protection Agency

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

This post has been updated. Please see below. The financial regulatory reform bill that emerges from a key Senate committee will likely call for an a...

Ryan Grim

Richard Shelby: Chris Dodd 'Is Gonna Go With His Bill And Go It Alone'

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Senate negotiators are at an impasse over the Consumer Financial Protection Agency, Richard Shelby, the ranking Republican on the Senate Banking Commi...

Democrats Unhappy With Obama's Centrist Shift

POLITICO | Posted 05.25.2011

President Barack Obama is running into resistance from congressional Democrats over several key economic proposals -- blunting the party's ability to ...

Dodd Says The Senate Banking Bill Is At An Impasse

AP | JIM KUHNHENN | Posted 05.25.2011

WASHINGTON — Looking to douse public and congressional anger, chief executives at some of the biggest financial institutions are on a mission to...

Who's Killing Financial Reform?

Robert Reich | Posted 05.25.2011

Robert Reich

Congress isn't doing a thing about Wall Street because it's in the pocket of Wall Street. Chris Dodd's outburst at bankers this week was like the alcoholic who screams at the bartender.

New Import: "Too Big To Fail"

Norb Vonnegut | Posted 05.25.2011

Norb Vonnegut

Ranking the largest banks in the world, it's not until the number seven slot that we find a US bank: JP Morgan Chase. What's this mean? We can't solve the issues of derivatives, leverage, and short-sighted financiers until we talk to the rest of the world.

Why Local Is the New Global

Marian Salzman | Posted 05.25.2011

Marian Salzman

No one is excited about globalization anymore. Trends in everything from social networking to environmental awareness and foodie culture have exponentially increased our interest in all things local.

Knowing When To Pick A Fight

Mike Lux | Posted 05.25.2011

Mike Lux

Senator Dodd, don't tarnish your great legacy by having the final act of your distinguished Senatorial career be giving the banks and their Republican allies everything they want.

Volcker, Dodd and the Death of Regulatory Reform

Jill Schlesinger | Posted 05.25.2011

Jill Schlesinger

Paul Volcker appeared before the Senate Banking Committee to pump up his eponymous "Volcker Rule," which aims to limit the scope of banking activities. I'm left with a sinking feeling that we're watching a slow death of regulatory reform.

Did Obama's Economists Do Their Homework on the Volcker Rule?

Jeff Madrick | Posted 05.25.2011

Jeff Madrick

The Volcker rule could be far-reaching. But it is disturbing that the Obama administration announced it before they had done enough homework to tell us how it would work.

Dodd To Obama: Tone Down Your Ambition On Regulatory Reform

The New York Times | Sewell Chan | Posted 05.25.2011

The chairman of the Senate Banking Committee warned on Tuesday that the Obama administration's new proposals to rein in Wall Street firms ran the risk...