September 19, 2008

Senate Banking Cmte. Chairman Sen. Chris Dodd (D-CT) convened a meeting of the Committee members and held a press conference to discuss the state of the economy and the Administration’s proposal as presented to Congressional leaders.

July 16, 2008

Senators Chris Dodd (D-CT) and Joe Lieberman (ID-CT) today praised Senate Appropriations Committee approval of $241.1 million in federal funding for a variety of Connecticut initiatives.  This funding will be used for, among other services, economic development initiatives, education, health care, and family and community support programs – efforts essential to the wellbeing and continued success of Connecticut.

July 2, 2008

Senator Chris Dodd (D-CT) continued his series of “Road to Economic Recovery” events Wednesday at the Long Wharf Mobile in New Haven. Dodd discussed how the rising cost of gas and food are impacting Connecticut families, and his work in Congress to help alleviate some of the pain at the pump.  Dodd was joined by Representative DeLauro from Connecticut's 3rd District and representatives from the Connecticut Motor Transport Association, including Mike Riley, the Association’s President, Anson Mooney, the Vice Chair of the Association.

July 1, 2008

Senator Chris Dodd (D-CT) continued his series of “Road to Economic Recovery” events today at the Atlantic Steel & Processing Company in Waterbury.  Dodd met with the company’s employees and management to hear from them about how they are creating new jobs as many companies are being forced to cut their workforce.  Dodd also toured the facility.

April 30, 2008

Senator Chris Dodd (D-CT), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, today introduced comprehensive legislation to improve credit card billing, marketing, and disclosure practices.  The Credit Card Accountability, Responsibility and Disclosure Act (the C.A.R.D. Act) is aimed at stopping credit card practices that drag consumers into staggering amounts of debt, and too often harm, rather than help, the ability of American families to move up the economic ladder. 

February 11, 2008

Senator Dodd, author of the landmark Family and Medical Leave Act (FMLA) and Chairman of the Subcommittee on Children and Families, today raised concerns about new regulations to the FMLA proposed by the Department of Labor:

July 30, 2007

“Five years ago, confidence in American business and the stock market had taken a severe blow. But in July of 2002, the enactment of Sarbanes-Oxley took a major step towards restoring that confidence. It was the most significant reform of American business law in recent history, and in the five years since its passage, I believe that Sarbanes-Oxley Act has worked in achieving its over-arching goals of improving financial reporting, strengthening corporate governance and enhancing the integrity of analysts’ recommendations.  I’m proud to have helped author this vital legislation and want to continue to see that the statute is implemented effectively and efficiently, including for smaller businesses.”

April 25, 2007

Senator Chris Dodd (D-CT), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, along with Ranking Member Richard Shelby (R-AL) yesterday introduced an amendment to S. 761, the America Competes Bill.  The Dodd-Shelby amendment passed by a vote of 97 to 0.  The Amendment expresses the sense of the Senate that small businesses play a critical role in the economy, and that the Securities and Exchange Commission (SEC) and the Public Company Accounting Oversight Board (PCAOB) should implement Section 404 of the Sarbanes-Oxley law in a manner that limits the burdens placed on small and mid-size public companies.  The Senate also supported Senator Dodd’s and Senator Shelby’s motion to table an amendment offered by Senator Jim DeMint (R-SC).  The DeMint amendment would have reduced investor protections by exempting over 70% of companies from key parts of the Sarbanes-Oxley law.  This amendment was tabled on a bipartisan vote of 62-35.

November 28. 2006

WASHINGTON – Senators Chris Dodd and Joe Lieberman announced today that the National Aeronautics and Space Administration (NASA) will provide funds to Connecticut small businesses for research and development purposes. The technology projects were chosen based on innovation and scientific merit.

“From biotechnology to space exploration to energy innovation, Connecticut businesses continue to develop breakthroughs in science and technology,” said Dodd. “Our small businesses are an important driving force of these industries, and the partnership between NASA and these companies will secure Connecticut’s reputation as a renowned leader in these fields.”

August 25, 2006