Leading Democratic Senator Christopher J. Dodd, chairman of the Banking Committee, will announce Wednesday that he is retiring, NBC News has learned.Senator Chris Dodd is a buffoon. He's the chairman of the Senate Banking Committee, yet has little understanding of the economy. He has been a leading advocate of homeowner bailouts. It's good to see him go.
Dodd is a centrist and his popularity fell as the economy was gripped by a long recession brought on by the financial crisis.
Over the years, the Connecticut senator has raised millions of dollars from employees of Wall Street firms.
His retirement probably reflects the fact that he has little chance of getting re-elected anyhow.