Chris Dodd

Sen. Chris Dodd introduced a bill yesterday to tighten regulations on financial institutions. Although the bill speaks to widespread anger among Americans about the bank bailout, it still lacks bipartisan support.

It’s Monday, which means that we’re joined by Marcus Mabry, international business editor for The New York Times, to look at what’s ahead this week.

FINANCIAL TAKEOUT: There has been a lot of talk about financial reform, but today, there will be some action. Connecticut’s Senator Chris Dodd, chairman of the Senate Banking Committee, unveils a new broad financial reform bill today. But will it be enough, and will it have support it needs to pass? New York Times financial […]

We turn now to two of our listeners to tell their story and make their suggestions on how they’d improve the credit card industry. We are also joined by personal finance guru Alvin Hall for his take on the President’s makeover of the credit industry.

Senator Chris Dodd, Democrat from Connecticut, joins The Takeaway now to discuss the proposed changes to credit card accountability, responsibility and disclosure that he hopes to push through Congress. This bill would offer new consumer protections.