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Deal on Financial Reform Bill Getting Closer, Senators Say
By Bruce Drake - Politics DailySenators from both parties said Sunday they were getting "close" to bipartisan agreement on a regulatory reform bill aimed at preventing a repeat of the 2008 financial meltdown but expressed uncertainty they could do so in time for a scheduled Monday vote to begin debate on the existing Democratic measure. The Senate Banking Committee had approved the measure last month along a party line vote, but Republicans have vowed to filibuster it unless changes are made. Since the election of Massachusetts Sen. Scott Brown, the Democrats no longer have the 60 votes to block a filibuster Negotiations ...
Dodd Trying Again With Wall Street Reform, Vows Passage This Year
By Tom Diemer - Politics DailySenate Democrats have not given up on pushing through a major overhaul of the way the federal government polices Wall Street and other financial institutions. Sen. Chris Dodd (D-Conn.), chairman of the Senate Banking Committee, offered a revised "Restoring American Financial Stability" bill Monday and vowed, "We will have financial reform adopted this year," The Hill newspaper reported. Dodd's legislation gives more power to the Federal Reserve to oversee bank holding companies and creates a system to avoid taxpayer-funded bailouts of the financial industry -- signaling an end to the ...
Another Poll Shows Blumenthal Way Ahead in Race for Dodd's Seat
By Bruce Drake - Politics DailyAnother poll shows that Connecticut Attorney General Richard Blumenthal, who jumped into the Senate race after Christopher Dodd announced his retirement yesterday, in a commanding position when matched against the three Republican hopefuls running for the job. A Rasmussen Reports survey, conducted Jan. 6, has Blumenthal ahead of his potential challengers by 23 points or more, bearing out a Public Policy Polling survey released yesterday. Blumenthal leads former Rep. Rob Simmons by 56 percent to 33 percent, former World Wrestling Entertainment chief Linda McMahon by 58 percent to 34 percent ...
Poll Shows Dodd's Retirement Strengthens Democrats' Hold on His Seat
By Bruce Drake - Politics DailyConnecticut's popular Attorney General Richard Blumenthal, who quickly announced his candidacy after Sen. Christopher Dodd decided not to seek another term, appears to have solidified the Democrat's hold on the seat with Blumenthal running ahead of the three Republican hopefuls for the job, according to a Public Policy Polling survey conducted Jan. 4-5. ...
Dodd Won't Seek a Sixth Senate Term
By not in system - AOL NewsEAST HADDAM, Conn. (Jan. 6) - Christopher Dodd, saying he was in "the toughest political shape" of his career, announced Wednesday he will retire from the U.S. Senate, ending a four-decade career in Congress. Dodd said outside his home in East Haddam that he would not run for a sixth term. Dodd's 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 was trailing former Republican Congressman Rob Simmons in the polls. Dodd, who ...
Dodd Will Not Seek Another Term, Reports Say
By Bruce Drake - Politics DailyFive-term Sen. Christopher Dodd, whose standing in his state has been undermined by his role during last year's financial meltdown, is expected to announce that he will not seek re-election, according to a report in the Washington Post. ...
Dodd Falls Below 40 Percent Mark in Matchups Against GOP Contenders
By Bruce Drake - Politics DailyConnecticut Sen. Christopher Dodd has slipped below 40 percent in general election matchups against three Republicans, with two of them leading Dodd and the third in a statistical tie with him, according to a Rasmussen Reports poll conducted Dec.7 ...
Dodd Losing Ground in His Race for Re-Election
By Bruce Drake - Politics DailyDemocratic Sen. Christopher Dodd appears to be losing ground again in Connecticut, with the Republican primary favorite for his Senate seat leading him in a general election match-up -- and even lesser-known GOP contenders running competitively against him -- according to a Quinnipiac University poll conducted Nov. 3-8. ...
Congress Moves to Curb Credit Cards for 21 and Under
By Lynn Sweet - Politics DailyAfter bailing out Wall Street, Democrats in Congress and President Obama are pushing reforms intended to protect individual consumers from unfair financial practices---especially from credit card companies. ...
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