Political Quotes

Chris Dodd: “The administration had expressed reservations about the amendment. They came to us and asked for modifications.”

On the recordMarch 18, 2009
The administration had expressed reservations about the amendment. They came to us and asked for modifications.
Said by
Chris Dodd
Democratic · Connecticut

Editor's note · Context

Dodd reveals that the Obama administration influenced the amendment allowing AIG bonuses.

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In fact, it was the uncertainty inherent in a nontransparent and reckless financial system that made Dodd-Frank necessary in the first place.

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President Clinton, to his eternal credit in my view, just does not quit on this issue.

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