Dodd Blasts McConnell Over Financial Reform Bill

Posted April 15, 2010 at 3:55pm

Senate Banking, Housing and Urban Affairs Chairman Chris Dodd (D-Conn.) blasted Minority Leader Mitch McConnell (R-Ky.) in a fiery floor statement Thursday for employing a major public relations offensive to thwart financial reform legislation.

“If it seems strange to you, Mr. President, and others that the Minority Leader is accusing our bill for being too kind to Wall Street by reciting talking points written on behalf of Wall Street, you are not alone,” Dodd said.

Dodd made a similar address Wednesday, holding up a memo from Republican strategist Frank Luntz detailing GOP messaging on the issue, which advised Members: “The single best way to kill any legislation is to link it to the Big Bank Bailout.”

But Dodd turned up the heat Thursday by training his fire on McConnell, who has also come the floor several times this week to criticize the financial reform bill. McConnell, according to news reports, is trying to unify his caucus behind a filibuster the measure that could see floor action next week.

“I would say to my friend the Minority Leader; if you want to continue this debate, you can start by ceasing the efforts to filibuster this bill even before it gets to the floor,” Dodd said. “If you want to debate, you have ideas, bring them to the floor. That’s what this body exists for.”