Word: dodds
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Dates: during 2000-2009
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...this point Dodd says he too is frustrated in waiting for responses from the leadership on requests for more staff. "We're jammed," he says. "I think we'll need some more people, and we're bringing more people on ... I'm really exhausted. It's overwhelming the amount of work and trying to stay on top of it and listening to people about their ideas and trying to figure out what the solutions are." (See the top 10 unfortunate political one-liners...
...thing Dodd has done of late is tack hard to populism. He has held hearings on credit-card abuses and introduced stringent legislation to prevent companies from luring consumers into dangerous amounts of debt. Last October, Senate majority leader Harry Reid took the unusual move of overriding a Democratic hold on a bill after Dodd tried to block an extension of President George W. Bush's warrantless wiretapping powers over concerns from the left about granting telecom giants retroactive immunity for working with the Administration. Most notably, Dodd, against the wishes of the White House, slipped into the stimulus bill...
...even many of his former hedge-fund backers aren't particularly happy. As Dodd and House Financial Services Committee chairman Barney Frank work to craft legislation overhauling the nation's banking and securities regulations, Dodd's populist ploys give many on Wall Street pause. "The competition for capital and talent is now global. What we saw when the Senate inserted the executive-compensation restrictions was a cause and effect," Tom Quaadman, who works on financial-sector issues at the U.S. Chamber of Commerce, says, pointing to examples of companies like Deutsche Bank and UBS poaching U.S. talent driven away...
...Rounding out Dodd's bad year thus far was a botched announcement of a book deal. Last month, Publishers Weekly said Dodd would be the author of Thirteen Days: How the Financial Crisis Changed the Politics of Washington, an announcement that was met with much derision by Republicans. "You have to wonder who advised Senator Dodd that striking a book deal on a crisis that he was at least partially responsible for was a good idea," Brian Walsh, spokesman for the National Republican Senatorial Committee, scoffed in a statement. "A more apt title would be Thirteen Weeks: The Senate Banking...
...book fiasco seemed like yet another instance of bad timing on Dodd's part. After all, being chairman of the Senate Banking Committee gave him little street cred in the 2008 primaries, when the big issue was still the war in Iraq. These days his chairmanship reminds voters of Dodd's problems with Countrywide, and fairly or not, it makes him the face of two deeply unpopular bailouts of Wall Street and an only slightly less unpopular stimulus plan. All of which may explain why Dodd is spending so much time on the Health, Education, Labor and Pensions Committee these...