OBAMA RIDES TO CHRIS DODD’S RESCUE: Dodd
Getting Presidential Help in Reelection Campaign.
Embattled Senate Banking Committee Chairman Christopher Dodd
(D-Ct.), whose low approval ratings make him one of the most vulnerable
Democrats seeking re-election next year, gets help from President Obama
tonight.
Obama will appear at a $1,000-per person fundraising event for
Dodd in Stamford.
Dodd is crucial to Obama’s hopes for getting the overhaul of the
regulation of financial services passed. The House Financial Services
Committee is currently marking up the measure. Yesterday it approved
the component that would create a Consumer Financial Protection Agency.
. . .
Dodd’s low approval ratings stem from several factors, including
the
sluggish economy and questions raised about favorable treatment he
received on a mortgage from Countrywide Home Loans.
Dodd will need all the help he can get, though Obama’s record with
Corzine and Deeds may worry him.
Posted at 10:03 am by 
