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September 09, 2009


Dodd Stays at Banking Committee

Sen. Christopher Dodd (D-CT) "is to remain as chairman of the Senate Banking Committee, having decided not to take the gavel of the Senate Health Education Labor and Pensions Committee," reports the Wall Street Journal.

"Dodd is the second most senior Democrat on the HELP committee, and could have decided to replace Sen. Edward Kennedy, after he succumbed to brain cancer after a 15-month fight to beat the disease two weeks ago. Instead, he has opted to remain at the helm of the banking panel, where he will lead a wholesale reform of financial industry regulation in the wake of last year's financial market meltdown."

The Washington Post reports Sen. Tom Harkin (D-IA) will take over the HELP committee chairmanship.














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