Christopher Dodd actually said...

"Ultimately, I believe if we are able to reach some sort of agreement on systemic risk and whether it can be managed, I strongly believe that we should consider every possible alternative to the Fed as..."

"I support the actions the regulators have collectively taken to stabilize the financial system."

"In our system of Government, elected officials should make decisions about fiscal policy and the use of taxpayers' dollars, not unelected central bankers."

"A council of regulators will provide the necessary perspective and expertise to view our financial system holistically."