Senator Chris Dodd (D-CT), Chairman of the Senate Banking, Housing, and Urban Affairs Committee, today announced that the Committee will hold a hearing next week on Neil M. Barofsky, President Bush’s intended nominee to be the Special Inspector General for the Troubled Asset Relief Program. This position was designed to conduct, supervise, and coordinate audits and investigations of the purchase, management and sale of assets under the Troubled Asset Relief Program.

Remarks as Prepared: Today, the Committee continues its oversight of the implementation of the Emergency Economic Stabilization Act of 2008, known as “EESA.”

Senator Chris Dodd (D-CT), Chairman of the Senate Banking, Housing, and Urban Affairs Committee, announced that the Committee will hold a hearing on Thursday entitled “Turmoil in the U.S. Credit Markets: Examining Recent Regulatory Responses.” Tomorrow’s hearing will focus on the federal regulators’ role in the economic crisis and solutions to restore stability and soundness to our financial markets.

Senator Chris Dodd (D-CT), a senior member of the Foreign Relations Committee and Chairman of its Subcommittee on the Western Hemisphere, Peace Corps, and Narcotics Affairs, today spoke in support of the U.S. – India Nuclear Cooperation Agreement currently being considered by the Senate.  Dodd is serving as the manager of the bill on the Senate floor today. 

Senator Chris Dodd (D-CT) today made the following statement on the floor of the Senate to honor his longtime friend and Connecticut resident Paul Newman: 

Senator Chris Dodd (D-CT), Chairman of the Senate Banking, Housing, and Urban Affairs Committee, will tomorrow convene a hearing entitled “Turmoil in U.S. Credit Markets:  Recent Actions Regarding Government Sponsored Entities, Investment Banks and Other Financial Institutions.”  Secretary of Treasury, Henry Paulson, Chairman of the Federal Reserve, Ben Bernanke, and Chairman of the Securities and Exchange Commission, Christopher Cox, will testify before the full Committee. Video coverage courtesy of C-SPAN

Senate Banking Cmte. Chairman Sen. Chris Dodd (D-CT) convened a meeting of the Committee members and held a press conference to discuss the state of the economy and the Administration’s proposal as presented to Congressional leaders.