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  • Chris Dodd

    Morning Bell: Did Ken Lay Get to Write Sarbanes-Oxley?

    The $700 billion that Treasury Secretary Hank Paulson is requesting from Congress to restore liquidity in the financial markets is a breathtaking sum of money. But it is also important to remember Paulson has already committed $200 billion to recapitalize Fannie Mae and Freddie Mac. The size of their bailout … More

    The Left Has Learned Nothing from Fannie/Freddie Failure

    Earlier this month, the United States doubled its outstanding debt obligations in a single day. What happened? Taxpayers were forced to honor the implicit guarantee the federal government made years ago to back up Freddie Mac and Fannie Mae’s financial obligations. Freddie and Fannie are at the heart of the … More

    Keeping the Focus on Dodd's Deal

    Our friends at FreedomWorks are keeping the pressure on Sen. Chris Dodd (D-Conn.) for his sweetheart deal with Countrywide Financial and the housing bailout he negotiated to benefit the company. During a recent trip to Capitol Hill, the FreedomWorks team brought its Pander-bear to Union Station to shine the spotlight … More

    Morning Bell: What's the Worst Part of This Bill?

    Today the Senate is scheduled to vote on the housing bailout bill that has been circulating on Capitol Hill for so long its title today is simply “a bill to provide needed housing reform and for other purposes.” When a bill’s title includes the phrase “and for other purposes,” you know … More

    Integrity of the Senate at Stake

    The Washington Post may have shifted its coverage of the Wall Street bailout bill from the front page to the business section, but the newspapers in Connecticut, Sen. Chris Dodd’s home state, are rightly keeping up scrutiny of the relationship between the Democratic senator and the banks that would benefit … More

    Bank of America Drafted Dodd's Housing Bailout Bill

    The Washington Examiner has obtained a “confidential and proprietary” document produced by Bank of America and titled “FHA Housing Stabilization and Homeownership Retention Act of 2008.” The “Discussion Document” dated March 11, 2008, closely resembles the housing bailout bill drafted by Sen. Chris Dodd (D-Conn.) that the Senate is set … More

    A Sound Investment

    Senate Banking Committee chairman Chris Dodd (D-CT) may not know what interest rates currently are, but the Wall Street Journal has crunched the numbers and estimates that the discount loan Countrywide Financial gave him will save him $75,000 in mortgage payments. The WSJ also looked into how much of the … More

    Don't Forget the Fraud and Extortion

    As bad as the incestuous relationship between Sen. Chris Dodd’s (D-Conn.) and Countrywide Financial is, it probably is not even the worst part of the housing bailout compromise in Congress. At least the Countrywide bailout would be a one-time theft of taxpayer money (although this bailout would increase risky behavior … More

    Remember Who Gets the Checks

    Despite the fact that Sen. Chris Dodd (D-Conn.) now admits he was a Countrywide Financial “VIP” since 1993, Congress is still barreling ahead with the $300 billion housing bailout bill that Dodd sponsored. The important thing to remember as the debate over this massive bailout continues is that this bill … More

    Why Does Dodd Get Special Deal?

    As the sponsor of a $300 billion housing bailout, you’d think liberal Sen. Chris Dodd (D-Conn.) would disclose his ties to the mortgage industry. Guess again. As coverage of Dodd’s sweetheart deal has intensified, so too have the senator’s critics. In a new video outside Dodd’s Washington, D.C., townhouse, our … More