DODD STATEMENT ON SENATE CONFIRMATION OF KEY MEMBERS OF OBAMA ECONOMIC TEAM

WASHINGTON, DC – Senator Chris Dodd (D-CT), Chairman of the Senate Committee on Banking, Housing and Urban Affairs, issued the following statement this evening after the Senate confirmation of two key members of President Obama’s economic team who were recently vetted by the Committee. The Senate confirmed by unanimous consent Mr. Shaun Donovan to be Secretary of the U.S. Department of Housing and Urban Development and the Honorable Mary Schapiro to be Chairman of the Securities and Exchange Commission.

 

“I congratulate both of these distinguished individuals on their new positions and am grateful for their commitment to public service.  I believe they are superbly qualified to help develop solutions to our nation’s critical economic problems, and am confident they will serve as effective members of the President’s economic team.  I commend Ranking Member Shelby and all of my colleagues on the Senate Banking Committee for working with me to confirm these nominees in a timely manner.  I look forward to working with both of them, and urge them to seek the advice and counsel of the Committee and Congress in their new roles.”

 

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