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Sen. Dodd Won't Seek Re-election, Decision Could Benefit Lieberman

Connecticut Senator Chris Dodd (D) has announced that he won't seek re-election this year. The decision by Dodd will bring to an end a Senate...
January 8, 2010

Connecticut Senator Chris Dodd (D) has announced that he won't seek re-election this year. The decision by Dodd will bring to an end a Senate career for a legislator who has exercised profound influence on insurance and financial services issues.

Over the past 18 months, Dodd has been the primary author or co-author of legislation rewriting housing mortgage rules; the $700 billion bailout of Wall Street; key portions of the $787 billion stimulus package; a consumer protection bill overseeing the credit card industry; and the nearly $900 billion health-care legislation that has passed the Senate and is now in final negotiations with the House.

Dodd's poll numbers have plummeted over the past year, leading to widespread concern by Democrats that Dodd needed to vacate the seat for Democrats to have a chance at retaining it in the 2010 elections. Following Dodd's announcement of his retirement on Wednesday, Connecticut Attorney General Richard Blumenthal, the most popular politician in the state, announced he will seek the Democratic nomination for Dodd's seat. Dodd's retirement could end up benefiting not just Blumenthal, but Independent Sen. Joe Lieberman. Blumenthal had previously indicated he was interested in a 2012 challenge to Lieberman, whose path to another term is now a lot clearer.