CHRIS DODD UPDATE: The Connecticut Post writes, Why is Sen. Dodd stalling on loans?
Isn’t it time that U.S. Sen. Christopher J. Dodd came clean and released documents on two mortgages hew received from Countrywide Financial Corp. that has already sparked a Senate ethics inquiry?
Following a meeting in Westport on Monday with Fairfield County labor leaders, Connecticut’s senior senator once again hedged on saying when he would release the documents. Dodd continues to say the information will be forthcoming but he refuses to say when.
Well, it’s been five month since the disclosure that Dodd and another senator may have received preferential treatment in 2003 on mortgages from Countrywide Financial, which was later implicated in the sub-prime mortgage scandals and eventually was taken over by Bank of America.
When the disclosure came, Dodd said he never sought preferential treatment from Countrywide and pledged he would disclose information about the loans. However, since then it’s been one hedge after another when he’s asked about the matter.
Full disclosure is key because Dodd is chairman of the Senate Banking Committee and is at ground zero in the nation’s Capitol in trying to put a stop to America’s economic meltdown.
Yes, Dodd should come clean on this, or resign.