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Dodd Vows to Push Reg Restructuring Despite Disagreement with GOP

Senate Banking Committee Chairman Christopher Dodd (D-Conn.) admitted last Friday that he and the Republicans are "at an impasse," on legislation to revamp how financial services firms are regulated, but vowed to move forward in drafting a bill.

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Senate Banking Committee Chairman Christopher Dodd (D-Conn.) admitted last Friday that he and the Republicans are “at an impasse,” on legislation to revamp how financial services firms are regulated, but vowed to move forward in drafting a bill.

He has asked his staff to draft a bill that the committee is likely to discuss later this month.

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