CHRIS DODD UPDATE: Schiff Discusses Potential Dodd Challenge on Daily Show.

The opportunity to send Dodd home, Schiff said, is “the most attractive part of running.”

“He’s been living in the Senate his whole life. He thinks he’s in the House of Lords.”

“He’s got a very nice house. I happen to know he got a very good deal on his mortgage, as well,” Stewart Joked, in a nod to the controversy surrounding the VIP treatment Dodd received on his mortgage with Countrywide, which has since collapsed in the wake of the subprime mortgage crisis.

Seizing the opportunity to test out attack lines, Schiff noted that the man who helped Dodd with his mortgage, Countrywide co-founder Angelo Mozilo, was charged with fraud and insider trading by the Securities and Exchange Commission last week.

If Schiff does decide to run, he would first have to get through a crowded Republican primary.

Unless, you know, he decides to run as a Democrat.