Congressional Digest

Congressional Digest November 2008 No. 9 Vol. 87
Honorable Christopher Dodd

Forestalling Economic Disaster

Congress Responds to the Credit Crunch

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Honorable Christopher Dodd

United States Senator, Connecticut, Democrat

Senator Dodd was first elected to the U.S. House of Representatives in 1980. He served in the U.S. House of Representatives from 1974 to 1980. He chairs the Banking, Housing, and Urban Affairs Committee and sits on the Health, Education, Labor, and Pensions Committee (where he chairs the Subcommittee on Children and Families), the Foreign Relations Committee, and the Rules and Administration Committee. The following is from the October 1, 2008, Senate floor debate on H.R. 1424, the Emergency Economic Stabilization Act.Clearly, this is no ordinary time, no normal economic downturn. This is a day unlike other days. This crisis,…

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