2009.08.07: Dodd Cleared after Ethics Probe

Peace Corps Online: Directory: Dominican Republic: RPCV Chris Dodd (Dominican Republic) : RPCV Chris Dodd: Newest Stories: 2009.08.07: Dodd Cleared after Ethics Probe

By Admin1 (admin) (98.188.147.225) on Wednesday, April 28, 2010 - 9:42 pm: Edit Post

Dodd Cleared after Ethics Probe

Dodd Cleared after Ethics Probe

The committee found that the VIP loan program offered service that was "often quicker, more efficient" and that there were "some discounts" but said the program did not always offer the best rates available at Countrywide or in the market generally. Dodd, who is up for election in 2010, chairs the Senate Banking Committee. "I hope that today's dismissal will go a long way toward restoring the bond of trust and confidence that I've worked long and hard to build with the people of our state," Dodd said in a statement. "I want you to know it's a relationship I have never, and would never, take for granted." Senator Chris Dodd of Connecticut served as a Peace Corps Volunteer in the Dominican Republic in the 1960's.

Dodd Cleared after Ethics Probe

Dodd, Conrad cleared after ethics probe
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Sen. Chris Dodd, D-Conn., has called a news conference to discuss the dismissal by the Senate Ethics Committee of the complaint against him regarding a mortgage he received from Countrywide Financial. The letters announcing the dismissal of both Dodd and Sen. Kent Conrad, D-N.D., can be found on the Ethics Committee website here.

The original complaint was filed June 13, 2008, by a watchdog group called Citizens for Responsibility and Ethics in Washington (CREW). The complaint alleged that the Countrywide VIP mortgage program through which Dodd and Conrad received loans violated the Senate's gift rule. "While the committee finds no substantial credible evidence ... that your Countrywide mortgages violated Senate ethics rules, the committee does believe that you should have exercised more vigilance," the committee's letter read.

The committee found that the VIP loan program offered service that was "often quicker, more efficient" and that there were "some discounts" but said the program did not always offer the best rates available at Countrywide or in the market generally. Dodd, who is up for election in 2010, chairs the Senate Banking Committee.

"I hope that today's dismissal will go a long way toward restoring the bond of trust and confidence that I've worked long and hard to build with the people of our state," Dodd said in a statement. "I want you to know it's a relationship I have never, and would never, take for granted."

Updated 2:37 p.m. ET. Melanie Sloan, executive director of CREW has issued a statement: "Like a battered woman who explains she brought the beating on herself, the committee faulted itself for failing to ‘provide more guidance to the Senate community about issues surrounding mortgage negotiations.' Over a year has passed since CREW filed its complaint and the committee became aware of this issue. Now would be a good time for the committee to start proactively providing its promised advice."




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Headlines: August, 2009; RPCV Chris Dodd (Dominican Republic); Figures; Peace Corps Dominican Republic; Directory of Dominican Republic RPCVs; Messages and Announcements for Dominican Republic RPCVs; Politics; Congress; Connecticut





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Memo to Incoming Director Williams Date: August 24 2009 No: 1419 Memo to Incoming Director Williams
PCOL has asked five prominent RPCVs and Staff to write a memo on the most important issues facing the Peace Corps today. Issues raised include the independence of the Peace Corps, political appointments at the agency, revitalizing the five-year rule, lowering the ET rate, empowering volunteers, removing financial barriers to service, increasing the agency's budget, reducing costs, and making the Peace Corps bureaucracy more efficient and responsive. Latest: Greetings from Director Williams

Join Us Mr. President! Date: June 26 2009 No: 1380 Join Us Mr. President!
"We will double the size of the Peace Corps by its 50th anniversary in 2011. And we'll reach out to other nations to engage their young people in similar programs, so that we work side by side to take on the common challenges that confront all humanity," said Barack Obama during his campaign. Returned Volunteers rally and and march to the White House to support a bold new Peace Corps for a new age. Latest: Senator Dodd introduces Peace Corps Improvement and Expansion Act of 2009 .

Meet Aaron Williams - Our Next Director Date: July 30 2009 No: 1411 Meet Aaron Williams - Our Next Director
Senator Dodd's Senate Subcommittee held confirmation hearings for Aaron Williams to become the 18th Peace Corps Director. "It's exciting to have a nominee who served in the Peace Corps and also has experience in international development and management," said Dodd as he put Williams on the fast track to be confirmed by the full Senate before the August recess. Read our exclusive coverage of the hearings and our biography of Peace Corps Director Aaron Williams.



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Story Source: USA Today

This story has been posted in the following forums: : Headlines; Figures; COS - Dominican Republic; Politics; Congress

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