Senator Christopher Dodd, who is steering the financial-overhaul bill through the Senate, said last week’s market plunge illustrates the need for the legislation, which is aimed at detecting and alleviating developments that could disrupt the economy. “We need to get in place our bill, have the president sign it, so we have the tools to protect our economy from these kind of events,” Dodd, a Connecticut Democrat, said in an interview. “Our bill is designed to deal with these early warning systems.”
0 minute readDodd says market plunge illustrates need for financial overhaul
May 10, 2010, 10:04am
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
