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Dodd Calls Obama Plan Too Ambitious

Publié par Clifford Armion le 02/03/2010

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Sewell Chan

"The chairman of the Senate Banking Committee warned on Tuesday that the Obama administration's new proposals to rein in Wall Street firms ran the risk of derailing months of delicate negotiations over overhauling financial regulations, Sewell Chan reports in The New York Times.

"It's not a movable feast, the chairman, Christopher J. Dodd, told Paul A. Volcker, the former Federal Reserve chairman, who has become an influential outside adviser to President Obama. It's adding to the problems of trying to get a bill done, he said at the end of a hearing on the proposals, after all the other committee members had already left.

"Mr. Dodd, Democrat of Connecticut, added that the administration was getting precariously close to excessive ambition for the legislation. I don't want to be in a position where we end up doing nothing because we tried to do too much, he said."

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Pour citer cette ressource :

"Dodd Calls Obama Plan Too Ambitious", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), mars 2010. Consulté le 21/04/2024. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/dodd-calls-obama-plan-too-ambitious