Jul 13, 2009
We need to reform it. We need to give them a single--the bank regulators need to have a single mission focused on safety and soundness, and we need a new consumer protection agency whose sole mission is consumer protection.
Chris Dodd
The Public Record
Christopher Dodd is a former U.S. Senator from Connecticut, serving from 1981 to 2011. A member of the Democratic Party, Dodd was known for his work on issues such as health care, education, and financial regulation. He played a significant role in the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which aimed to prevent the kind of financial crisis that occurred in 2008. Dodd also served as the Chairman of the Senate Banking Committee, where he was influential in shaping policies related to housing and banking.
congress.gov
Jul 13, 2009
The problems that we had in the mortgage market--exploding ARMs, rising loan balances, credit card tricks...are just unacceptable for us in the future.
Jul 13, 2009
We have to have a fresh start with a new agency whose sole mission is standing up for the American people.
Jul 13, 2009
It is time for a level playing field for financial services competition based on strong rules, not based on exploiting consumer confusion.
Jul 13, 2009
I have championed as well, and that is, an independent agency whose job it will be to ensure that American consumers are treated fairly and honestly.
Jul 13, 2009
I think all of us would tell you up here, and I am sure you are aware of this, as well, that from our community bankers and, for the most part, the credit unions in our State acted very responsibly through all of this and what they worry…
Jul 9, 2009
That loss allowance associated with these subordinated liens may be insufficient to realistically and accurately reflect their value, especially in light of the historically poor performance of first lien mortgages and seriously diminished…
Jun 17, 2009
At the center of this effort will be a new, independent consumer protection agency to protect Americans from poisonous financial products.
Jun 17, 2009
I will continue to insist that improving consumer protection be a first principle and an urgent priority.
Jun 17, 2009
The very people who created the damn mess are the ones now arguing that consumers ought not to be protected.
Jun 17, 2009
Let us put a cop on the beat so that this spectacular failure of consumer protection at the root of this mess is never repeated again.
Jun 17, 2009
I firmly believe that someone should 'have their backs,' as the expression goes.
Jun 17, 2009
We applaud your leadership on a very complex set of issues intended to restore confidence and stability in our financial system.
Jun 15, 2009
In February, I wrote a letter to President Obama urging him to establish a White House Office of Sustainable Development.
Jun 15, 2009
Before today, Federal policy has often treated transportation, housing, and environmental protection as separate issues.
Jun 15, 2009
It's time to rethink the way we plan the futures of the places we live, work, and raise our kids.
Jun 15, 2009
I've been a longtime advocate for the Tri-City Corridor that will create new transit villages, get people off the roads, and revitalize our regional economy.
Jun 15, 2009
If there are legislative things that we can do to help facilitate your success in working together...
Jun 11, 2009
The present situation is no longer not only unacceptable, it is unsustainable.
Jun 11, 2009
We need to be thinking also, as we reform and re-engineer the healthcare system, about the different roles public health will be playing.
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