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Statement of Chairman Dodd on Federal Reserve Rate Cut

October 29, 2008

“Today's interest rate cut is a welcome step to the extent that it facilitates the unlocking of our credit markets so that businesses can continue to operate and American families are able to afford homes, cars and to send their children to college.  Recent rate cuts, including today's, also underscore Chairman Bernanke's foresight in rejecting calls by other Federal Reserve Governors to raise interest rates several months ago.

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( published in: Banking | Business | Economic Security for Individuals and Working Families | Media Center | Press Releases and Statements | Securities | The Economy )

Twitter Updates

As a member of the Senate Democratic High Tech Task Force, I am always eager to explore new ways of communicating directly with my constituents. In an effort to provide more information on my activities here in the Senate and back home in Connecticut, I have set up an official profile on Twitter. Please feel free to follow my updates by signing up for a twitter account and click the follow button on my Twitter page.

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