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Politics

: PR Watch

Senator Dodd Doubles Down on a Losing Bet

By Mary Bottari

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Watching the devolution of the bank reform bill in the U.S. Senate has been painful. Banking Chairman Chris Dodd?s original proposal unveiled last year had numerous strengths, most significantly the removal of bank supervisory authority from the Federal Reserve. Dodd had decided that the Fed had done such a lousy job ignoring the housing bubble and failing to crack down on predatory lending in the mortgage market that it shouldn?t be given a second chance.

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Full post as published by PR Watch on March 08, 2010 (boomark / email).

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