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Senator Reid: Dodd Must Fix Economy First

Senator Reid: Dodd Must Fix Economy First

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Started by Anonymous 16 years, 11 months ago
Dear Majority Leader Reid, With the vacancy in the chair of the Health, Education, Labor and Pensions (HELP) Committee caused by the unfortunate passing of Chairman Kennedy, Senator Dodd's seniority allows him the choice under Senate Rules of remaining as Chairman of the Banking, Housing and Urban Affairs Committee or relinquishing that and taking the chairmanship of the HELP Committee. "At the end of my tenure on this committee,"Senator Dodd said in early 2007 of his role as Chairman of the Banking Committee, "I want it to be said that the safety and soundness of our financial institutions was not weakened on my watch." That cannot yet be said of Senator Dodd's tenure. Before Senator Dodd moves on to chair another committee, he should actually do his job on financial institution regulatory reform at the Banking Committee. Articles appearing today are echoing this sentiment, explaining that this move "could give Dodd appropriate distance from the financial issues that have hurt his popularity over the past year." Failure should not be swept under the rug. The economy is too important to ignore. A Banking Committee chairman who has ignored the economy in leading up to and enduring America's greatest economic crisis since the Great Depression should not be rewarded with another chairmanship. Chris Dodd has failed and not holding him accountable to do the job he has been given is a mistake. The only reason for Chris Dodd to leave the Senate Banking Committee is for political purposes -- so he can distance himself from his own failings as Chair of the committee. I urge you to do what is right for the people of the country: force Chris Dodd to do his job and to stop playing politics with our lives. Articles referenced: http://www.swamppolitics.com/news/politics/blog/2008/09/dodds_banking_money_mr_chairma.html http://www.ajc.com/news/nation-world/dodd-says-he-will-123990.html

Updates

August 31, 2009

The transition of leadership within the Senate committees demands careful public oversight. My correspondence with several offices continues as we seek clarification on Senator Dodd's intentions regarding his current responsibilities. The economic stability of this nation must remain the primary focus for those currently in positions of authority.

August 31, 2009

The scale of this response confirms that many people share the view that Senator Dodd must address his current responsibilities before transitioning to a new committee. Your engagement provides the necessary pressure to ensure that our financial regulations receive the focus they require.

Reached 100 supporters

August 31, 2009

6 Comments

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Mike Klein
16 years ago Featured

He needs to finish what he started before jumping ship. The economy is a disaster and he was at the wheel. No passing the buck.

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Linda Lambert
16 years ago Featured

Enough with the musical chairs in DC. We need someone who actually cares about the economy working for us and not just themselves.

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Kevin Palmer
16 years ago Featured

Seriously? The man oversees a total economic collapse and then tries to change jobs? Unbelievable. Stay and fix the mess.

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Robert Stewart
16 years ago Featured

Dodd is just looking to escape the heat. He failed at banking and he will fail elsewhere. Keep him where he is until the work is done.

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David Wilson
16 years ago Featured

Total incompetence. Why should he get another promotion after the way he handled the bank crisis. He needs to stay put and be held accountable.

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Sarah Gordon
16 years ago Featured

Fix the banking mess first!! It is not fair to just walk away while the rest of us are still struggling to pay bills. Do your job Chris.

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