dodd.senate.gov - 11/28/2008
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November 21, 2008 Senator Chris Dodd (D-CT), Chairman of the Senate Committee on Banking, Housing and Urban Affairs, today issued the following statement on the nomination of Neil Barofsky to be Special Inspector General Committee for the Troubled Asset Relief Program. Having officially received ...
blogs.abcnews.com - 12/5/2008
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blogs.abcnews.com —
"There's only one president at a time," President-elect
Barack Obama has repeated time and time again in...
recent weeks. But a powerful House Democrat disagrees. Zero is more like it, says Rep. Barney Frank, D-Mass., and so Obama better step...
(more)
Some Frank Talk About the Need for Obama to Step Up
bloomberg.com - 12/5/2008
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bloomberg.com —
Dodd, Frank Say Treasury May Not Get More
TARP Funds (Update2) By John Brinsley and Alison Vekshin...
Dec. 4 (Bloomberg) -- Senate Banking Committee Chairman Christopher Dodd said he opposes giving the Bush administration the second half of the $700 ...
(more)
Economy
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Unnamed GOP Senator Blocking Appointment Of Key Bailout Overseer
TPMMuckraker —
... Last week, Sen. Chris Dodd, the Connecticut Democrat who chairs the banking committee, issued a little-noticed statement saying that although the nomination "was cleared by members of the Senate Banking Committee, the leadership of the Senate Committee on Homeland Security and Governmental Affairs, and all Democratic Senators," it was "blocked on the floor by at least one Republican member." (itals ours.) ...
Surprise! Bailout oversight not happening.
Daily Kos —
... Last week, Sen. Chris Dodd, the Connecticut Democrat who chairs the banking committee, issued a little-noticed statement saying that although the nomination "was cleared by members of the Senate Banking Committee, the leadership of the Senate Committee on Homeland Security and Governmental Affairs, and all Democratic Senators," it was "blocked on the floor by at least one Republican member." (itals ours.) [meaning theirs] ...
Hullabaloo —
... Last week, Sen. Chris Dodd, the Connecticut Democrat who chairs the banking committee, issued a little-noticed statement saying that although the nomination "was cleared by members of the Senate Banking Committee, the leadership of the Senate Committee on Homeland Security and Governmental Affairs, and all Democratic Senators," it was "blocked on the floor by at least one Republican member." (itals ours.) ...
Senate GOPer Blocking Appointment Of Key Bailout Overseer: We Need Your Help!
TPMMuckraker —
... And in case it helps, here's the statement put out by Sen. Chris Dodd, the chair of the banking committee, that first mentioned the hold. ...
Will we get confirmation on that bailout IG hold?
Daily Kos —
... I actually count three session days since Chairman Dodd's November 21st statement noting the hold -- pro forma sessions on the 24th, 26th and 29th. The calendar at Majority Leader Reid's site ...
Source: Senators Assume Bunning Placed Hold On Barofsky Nomination
TPMMuckraker —
... that technically, no hold had been placed, because there had been no request for unanimous consent on the floor of the Senate. A "UC request" would need to be made before calling for a voice vote on the issue, and it's at that point that the hold would officially go into effect. But in this case, Chris Dodd, the chair of the banking committee, had already been informed by the GOP cloakroom that one GOP senator wanted a hold put on -- which was what prompted Dodd to issue the statement that first revealed the existence of the hold. ...
Related: senate banking committee
Is Kentucky GOPer Blocking Barofsky Appointment?
tpmmuckraker.talkingpointsmemo.com 12/3/2008 — Here's one possible suspect in the mystery of which Republican senator put a hold on the nomination of federal prosecutor Neil Barofsky for the key post of special inspector general for the bailout.
During Barofsky's appearance before the Senate ...
Bennett: Auto Bailout Probably Won't Happen
briefingroom.thehill.com 12/4/2008 — On the eve of auto executives' return to Capitol Hill to ask for a federal bailout, the second-most senior Republican on the Banking Committee said he doubted the industry would get any help.
Sen. Bob Bennett of Utah, in the Senate for meetings late ...
Impatience, Thy Name is … —
Patterico's Pontifications
[Guest post by DRJ]
Recent quotes from three senior Democratic leaders regarding Barack Obama’s leadership –
Sen. Christopher Dodd :
“The Obama team has to step up,” Sen. Christopher Dodd, chairman of the Senate Banking Committee and one of the lead negotiators, ...
Face Of The Day —
The Daily Dish | By Andrew Sullivan
Chairman and CEO of General Motors Richard Wagoner prepares to testify before the Senate Banking, Housing and Urban Affairs Committee about a proposed $34 billion federal bailout for the U.S. auto industry December 4, 2008 in Washington, DC. By Chip Somodevilla/Getty.
We have to do an auto bailout —
HorsesAss.Org
Yet another “this must be some weird dream” moment happened today:
During a hearing in the U.S. Senate, the chiefs of General Motors Corp. (GM), Ford Motor Co. (F) and Chrysler LLC were responding to a question from Banking Committee Chairman Christopher Dodd, D-Conn. Dodd asked ...
Bailout Nation, Cont. —
The Corner on National Review Online
The bailout-nation saga continued today as the Little Three carmakers from Detroit testified all day in front of the Senate Banking Committee. So far, the best thing I heard was from Sen. Robert Corker of Tennessee.
Mr. Corker wants a deal where, first, carmakers must restructure all their debt ...
Auto bailout at $34 billion too small: expert —
The Swamp
by Frank James
First it was $25 billion to bailout the auto industry. Then, once the Big Three automakers submitted their plans to Congress, it was $34 billion.
Now, we've head Mark Zandi, an economist at Moodys, say at the Senate Banking Committee hearing that's still in progress that ...
Ford: We Can Survive —
News
Ford insists as expected that it has enough cash to survive the year barring a further collapse in the economy.
At the same time, it’s requesting a $9 billion credit line in its testimony to the Senate Banking Committee as a safeguard against worsening conditions. It also warns that if General ...
Mark Halperin's Three Things —
The Page by Mark Halperin
Mark Halperin's three things to watch for in presidential politics for Thursday, December 4.
Watch the economy and the action happening at the Treasury Department today. Also watch as the saga over the potential automaker bailout continues. The Senate Banking Committee holds a hearing ...
Automakers Return to the Hill Thursday —
The Page by Mark Halperin
The Senate Banking Committee will hear testimony from auto executives, UAW's president and the head of the GAO on the companies' plans.
Auto CEOs will again appeal for $34 billion in emergency aid from the government.
The House Financial Services Committee will hold a similar session ...
Dodd: Big Three Must Demonstrate Commitment Thursday —
News
Senate Banking Chairman Chris Dodd (D-Conn.), whose committee tomorrow will examine a possible $34 billion bailout of the Big Three U.S. automakers, says the CEOs of the three companies must demonstrate a "commitment to profitability and viability" before his panel if they are to receive federal ...