In a brief statement today, Sen. Chris Dodd of Connecticut announced his own proposal for financial reform that will substitute the attempted bipartisan package introduced last November. Here are his full remarks:
“On Monday, I will present to my colleagues a substitute to the original financial reform package, unveiled last November.”
“Over the last few months, Banking Committee members have worked together to try and produce a consensus package. Together we have made significant progress and resolved many of the items, but a few outstanding issues remain.”
“It has always been my goal to produce a consensus package. And we have reached a point where bringing the bill to the full committee is the best course of action to achieve that end. I plan to hold a full committee markup the week of March 22nd.”
“I have been fortunate to have a strong partner in Senator Corker, and my new proposal will reflect his input and the good work done by many of our colleagues as well.”
“Our talks will continue, and it is still our hope to come to agreement on a strong bill all of the Senate can be proud to support very soon.”
