I do not have an amendment to offer because I don't feel competent to suggest what my State ought to require that there be major studies in. They have excluded certain areas. We require 3 semester hours in certain subject hours, 30…
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.
I commend my colleagues from New Mexico and Mississippi. Even having a discussion of how we can improve the quality of our teachers who are working in our elementary and secondary schools is worthy. I compliment the chairman and managers…
I pointed out earlier, I have not formed a final opinion on it. I raised the question because this was raised to me by my State. I am concerned--and I didn't expect this, so my colleague from New Mexico doesn't have a definitive…
I think, what the Senator from Indiana may have just proposed, it is unfortunate that it is not in the form of an amendment here. Because I think a pilot program, as one who has supported allowing institutions to make the choices on direct…
I am a cosponsor of this bill. I am one of a handful of Democrats who have supported the work of my good friend, Senator Gorton from the State of Washington, and Senator Jay Rockefeller, our colleague from West Virginia, who are the lead…
Let me begin my thanking my colleagues on both the minority and majority sides for their support of this amendment. I rise on behalf of military retirees, all of whom are due a pension and medical benefits at age 60, as all of my…
Mr. President, I stand here merely as a foot soldier in this discussion. However, I would like to take a moment to offer some comments on the Supreme Court's decision today to strike down the line-item veto as unconstitutional. I am proud…
I think this is a very fine amendment. I want to commend our colleagues, Senator Kerry and Senator Bond, for offering this amendment. I strongly support it. This amendment is designed to invest in the well-being of our children in this…
And is it the Senator's intention that the amendment not be used by plaintiff's lawyers to piggy-back class action suits onto suits brought by the entities mentioned in the amendment?
Very briefly, the essence of this comes down to this, because this is very complicated. How does this work? It is a State court judge that has to make this determination as to whether or not these individual suits get consolidated. It is…
this is a very complicated area of law. I know our colleagues are going to come to the floor and want to know what this is all about. In effect, this amendment would have the impact of creating even further uncertainty in the definition of…
There is a very difficult problem codifying the standard on recklessness. Congress has wrestled with this over the years. We were not the first committee to try. We thought leaving the standard as it has been in the courts, making sure we…
let me begin by thanking my chairman of the committee, Senator D'Amato, and Senator Gramm with whom I authored this particular proposal. Senator Domenici has been very involved in this issue, going back a number of years when the issue…
Our colleagues have made much of this notion that there has not been this great degree of activity. Try, if you will, to just keep these numbers in mind. These are the actions filed in State court for fraud in class actions against…
The problem has been, as you start trying to codify, we--I will take a look at what the Senator has. I haven't seen it. The suggestion has been made--what I was trying to respond to, prior to rising here, was that the suggestion was made…
It appears that these district courts have misread the language of the '95 Reform Act's ``Statement of Managers.'' As I made clear in the legislative debate following the President's veto, however, the disputed language in the Statement of…
I think the chairman of committee raises an excellent point, that in fact our legislative history included with S. 1260, the debate we have had, makes it quite clear what the intent of the committee was in 1995, what the intent of the…
Then in 1996--we passed a law in 1995--59 cases were filed in State court; and in 1997, 1998, the number did drop down to about 38. But you compare that--they want to talk about how the number fell off to 38 from 59. What they do not want…
My colleague from New York is absolutely correct. The point we have been trying to make here is that if you go here --and ``Stock Disasters'' is the title of this, Mr. President--and then you switch on ``Stock Disasters''--and the stocks…
S. 1260, the Securities Litigation Uniform Standards Act of 1998, is intended to create a uniform national standard for securities fraud class actions involving nationally-traded securities. In advocating enactment of uniform national…
But I say, Mr. President, this is a very sound piece of legislation that can make a huge difference today. That investor that my colleague, the distinguished Senator from Nevada, talks about, that is the investor that deposits their…
I am pleased to submit, with my colleague Senator Grassley, a Senate resolution that will focus attention on an extremely important health care issue for American families--long-term care needs. Rapidly increasing long-term care costs pose…
I say we have just begun this special committee's work. We have not even had our first meetings yet. This body only authorized the expenditure of funds for this committee a few weeks ago. And there are seven of our colleagues, seven of us…
This is a tremendously serious issue. I am deeply grateful to the chairman and to the ranking minority member and to others for allowing us to offer this amendment. We think it will solve the problem raised here, that will minimize the…
Mr. President, today we are here considering this resolution when there are renewed hopes for peace in Northern Ireland, hopes that spring from the successful conclusion of 22 months of negotiations on April 10, Good Friday. I do not think…





