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Washington
Dodd tries new alliance for reg reform
WASHINGTON (2/12/10)—Senate Banking Committee Chairman Christopher Dodd (D-Conn.) announced Thursday a new bi-partisan alliance intended to get financial regulatory reform back on track. Just about a week ago it was widely reported that Dodd’s months-long efforts on reform with the ranking minority member of the banking panel, Sen. Richard Shelby of Alabama, had fallen apart. Shelby also continues to garner much press attention right now with his “blanket hold” on dozens President Obama’s s nominees awaiting confirmation before the Senate. In a press release yesterday Dodd said, "For over a year, the Senate Banking Committee has been grappling with how best to address the many problems that led to the financial crisis. In that time Sen. Corker has proved to be a serious thinker and a valuable asset to this committee. “For that reason, I called him Tuesday night and asked him to negotiate the financial reform bill with me. We met in my office on Wednesday, and given the importance of these issues, he agreed." (American Banker, Feb. 11)


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