In addition to having to help get the country out of a recession, Senate Banking Committee Chairman Christopher Dodd (D-Connecticut) could have another challenging: fighting for his political life.
Dodd, whose committee oversees a range of issues of importance to credit unions, has never had a difficult time winning re-election. Next year, as he seeks his sixth six-year term, could be different.
Dodd trails likely GOP challenger former U.S. Rep. Rob Simmons 43%-42%, according to a recent statewide Quinnipiac Poll.
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Dodd's job approval rating is 49% and 44% of those surveyed disapprove of the job he has done. The poll also showed that 50%f those surveyed disapproved of the job Dodd is doing as chairman of the Banking Committee, 32% disapprove and 18% did not know enough or had no opinion.
The senator has received bad publicity because of allegations he received a special deal on a mortgage from Countrywide Financial.
Since 2003, Dodd has received $26,000 from political action committees affiliated with credit unions, according to Open Secrets, a Washington research and advocacy group. During that time, he has raised $8.9 million.
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