As recent news reports show that foreclosures in Connecticut have risen 134% in the month of October, Senator Chris Dodd (D-CT), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, held an oversight hearing today on the implementation of the Emergency Economic Stabilization Act, focusing on foreclosure prevention efforts, ensuring that lenders are using the federal funds for lending, and executive compensation policies.

Senator Chris Dodd visited Norden Systems in Norwalk on Monday to announce new funding that will allow this defense contractor to continue building critical radar equipment for the U.S. Military. Dodd made the announcement in a meeting with company employees and also toured the plant.

Senator Chris Dodd (D-CT) released the following statement today on the recent news that the number of Connecticut households applying for home heating assistance has more than tripled as compared with this time last year.  Last winter, more than 86,000 households in Connecticut received assistance through the Low Income Home Energy Assistance Program (LIHEAP), a number which is expected to increase dramatically before the season is over.

Senator Chris Dodd (D-CT) today announced Senate passage of legislation that includes an eight-year extension of the Investment Tax Credit (ITC) that will greatly benefit Connecticut fuel cell manufacturers.  The long-term extension, which was approved by the Senate last night as part of a comprehensive package of tax extensions, will provide these Connecticut companies with the financial security they need to make long range plans, increase their investments, and add even more well-paying jobs.   

Senator Chris Dodd (D-CT) called on the Food and Drug Administration (FDA) to immediately investigate the cases of contaminated candy made in China and distributed  in Connecticut over the last few days.  Dodd wrote to FDA Commissioner Dr. Andrew von Eschenbach urging the FDA to take immediate action and ensure that no additional Americans are put at risk. 

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: 

Eleven Connecticut cities and towns will receive equipment worth a total of $148,870 to help improve first responder capabilities, Senators Chris Dodd and Joe Lieberman announced today. The equipment will be provided by the U.S. Department of Homeland Security under the Commercial Equipment Direct Assistance Program (CEDAP). The initiative provides resources such as communications interoperability equipment, information sharing technology, chemical detection devices, sensors, personal protective equipment, and rescue tools. The CEDAP also provides first responders with training in how to use the equipment, devices, and technology.

Senators Chris Dodd (D-CT) and Joe Lieberman (ID-CT) announced today that the Turn of River Fire Department in Stamford has received grants of $48,000 from the federal government.  The funds will support the recruitment and retention of volunteer firefighters.  The grants were made possible by a Staffing for Adequate Fire and Emergency Response (SAFER) grant, which helps increase the number of trained, front-line firefighters available in local communities, and is made possible through the U.S. Department of Homeland Security’s Assistance to Firefighters Grants (AFG) program, which provides assistance to first-responder programs nationwide.  In fiscal year 2008, the AFG program has provided approximately $500 million in nationwide grants.

Senators Chris Dodd (D-CT) and Joe Lieberman (ID-CT) today announced they secured more than $19.2 billion for the Connecticut defense industry and $106 million for military construction projects in the state.  The funding, which was approved by the Senate today as part of the Defense and the Military Construction/Veterans Affairs Appropriations Acts, will boost Connecticut’s economy and help ensure that soldiers, sailors, marines, and airmen - active duty, national guard, and reserve forces, have the resources and support they need to successfully perform their missions. 

Senator Chris Dodd (D-CT), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, announced today that Connecticut will receive more than $25 million for communities who have been affected most by the foreclosure crisis.  The funding is provided through HUD’s Community Development Block Grant Program under The Housing and Economic Recovery Act of 2008.