"Some national Democratic leaders hope embattled Connecticut Senator Chris Dodd will step aside for an ambassadorship or to head the Peace Corps." Senator Chris Dodd of Connecticut served as a Peace Corps Volunteer in the Dominican Republic in the 1960's.
Ben Smith writes: Dodd to Head Peace Corps?
May 22, 2009
Categories: Chris Dodd
Buttressing Dodd
Some national Democratic leaders hope embattled Connecticut Senator Chris Dodd will step aside for an ambassadorship or to head the Peace Corps.
But Dodd is fighting on, and President Obama is working to boost him, sending an email today to Connecticut supporters touting Dodd's work on credit card reform, asking supporters to "thank Dodd."
The email:
For too long American consumers haven't had many of the protections they need and deserve. And some of the biggest problems have been in the credit card industry.
But today -- thanks to the extraordinary efforts of your senator, Chris Dodd -- I signed a bill that restores a sense of fairness and transparency to the credit card industry.
As Chairman of the Senate Banking Committee, Senator Dodd was the driving force behind this bill. He's the one who built the bipartisan coalition that passed this crucial reform by a huge margin -- 90 to 5.
Will you take a moment and join me in thanking Senator Dodd for his outstanding work on behalf of families in Connecticut and across the country?
At some point, nearly every credit card user has been affected by unfair and abusive practices. That's why I asked Congress to send me a bill that would make sure that families and businesses have access to the credit they need -- and that they have the full weight and protection of the law on their side.
The new legislation does exactly that: it provides strong, reliable protections for consumers and stops lenders from blindsiding ordinary people with unfair rate hikes and confusing fine print.
Millions of American families have already been struggling since the financial downturn last year. They cannot afford to worry about crippling penalties or "any time, any reason" interest rate hikes.
Now they don't have to.
Please join me in thanking Senator Dodd for his exceptional service:
http://ct.barackobama.com/ThankDodd
President Barack Obama
