Chris Dodd for President

Updated below While Senator Dodd's bold leadership to end the Iraq War, restore the Constitution, and make America energy independent has been well documented on this blog, I wanted to draw your attention to some other legislative initiatives Senator Dodd is leading of late. Recently Senator Dodd introduced the Private Student Loan Transparency and Accountability Act. The Dodd legislation extends new protections to all private student loans in order to improve transparency, prevent unfair and deceptive private lending practices and eliminate conflicts of interest. CNNMoney.com says "Student lenders would have to better disclose their rates and would be banned from discriminatory underwriting practices under legislation introduced Friday by U.S. Senate Banking Committee Chairman Chris Dodd, D-Conn" Accounting Web has more on what the bill does, as well as complimentary efforts being done by New York Attorney General Andrew Cuomo. If you're on Facebook, join the group "Student Loan Transparency Now!" Senator Dodd has introduced a bill, co-sponsored by Richard Shelby of Alabama, that would increase the Treasury Department's ability push for China to reform its currency policy. The LA Times writes that the Dodd and Shelby, "bill would change the definition of currency manipulation to make it harder for the Treasury Department to avoid making that finding for China." Senator Dodd said, “A change in our currency manipulation policy is long overdue. America’s companies and workers deserve an opportunity to compete on fair terms with countries such as China, just as we provide market access and fair competition for China and other nations on our soil. We are not asking for a headstart here, just a fair race." Both of these legislative initiatives are examples of how Senator Dodd is continuing to use his position as a Senator to affect positive change while running for President. He's taking the lead on strengthening America's economy and ensuring that all students have the opportunity to get advanced education without suffering under crippling financial burden. Update Alex Urevick-Ackelsberg of Future Majority has this to say about Senator Dodd's student loan legislation:

It's not often that politicians in DC pay attention to the needs of young people, and we really need to try and reward politicians that do, with attention, volunteering, donations, etc. If more pols would push legislation like this I'm guessing it wouldn't be nearly as hard to attract young people to the polls on election day.