Chris Dodd’s Race to the Bottom
Flickr/David Berkowitz Cross-posted from Mother Jones.com In just six months, Sen. Chris Dodd (D-Conn.), the stately front man of the Senate’s campaign to crack down on Wall Street, has transformed from financial-reform avenger, scourge of the Federal Reserve, and ally of the average consumer to a GOP pushover. Last fall, the veteran Senator and chairman of the banking committee opened financial reform talks as if shot out of a cannon: He rallied around an independent consumer-protection... Read More
