chris dodd

The banking world works in a lot of ways like a sports league. You can be a star, but that barely matters if your team is in last place. But if you're lucky enough to be a premiere bankers, you could always go elsewhere if your team's fortunes faded. That fluidity in finance world may, however, be fading.

Democratic and Republican lawmakers worked into sunrise Friday morning to reach a fractured agreement over financial regulatory reform. The so-called "Fin-Reg" bill hands President Barack Obama a solid political victory heading into the mid-term elections.

One of the key questions facing Congress as it labors to reconcile the House and Senate bills is this: Three years after the financial crisis began, how much risk should America's banks be allowed to take? Not surprisingly, opinions differ greatly.

The Senate is expected to begin voting on amendments to the hotly contested financial reform bill Tuesday afternoon. The bill would create a new consumer protection watchdog within the Federal Reserve; increase federal bank supervision; and end "too big to fail" bailouts.

Senate Banking Committee, which Dodd chairs, retains a general counsel, Amy Friend, who apparently tried to profit off the implosion of Wells Fargo, Morgan Stanley, AIG and other financial institutions in the 2008 collapse. The counsel's actions were legal -- but despicable.

His signature health care overhaul legislation may have a hit snag this week, but President Barack Obama said Friday in Cleveland that he remains committed to getting the controversial bill passed. Speaking during a town hall forum at Lorain County Community College in the working class suburb of...

Things are about to get real interesting up in Connecticut. World Wrestling Entertainment (WWE) has announced that CEO Linda McMahon is resigning in order to run for Connecticut's U.S. Senate seat. Yes ladies and gents, it appears that the McMahon family is aiming to add a senator to its roster....

President Barack Obama this afternoon officially unveiled his plan to remake the government agencies that oversee the financial industry, calling it a "sweeping overhaul" designed to remedy a series of "mistakes and missed opportunities" that have hobbled the U.S. economy. The proposals would...

In a move that has drawn criticism, confusion, and more than a few comments about strange bedfellows, the Senate recently voted 67-29 to add a gun-rights amendment to a consumer credit-card bill. The provision, which was authored by Sen. Tom Coburn (R-Okla), requires national parks to abide by...

Former General Electric Co. (GE) Chief Executive Jack Welch, one of the most respected voices in American business, believes the American people should move beyond their outrage surrounding the bonuses paid to some American International Group Inc. (AIG) executives. Chances are that his advice will...