Christopher Dodd News

If you are driving along and suddenly see a big red rubber ball come bouncing out into the street, you might want to put your foot on the brake pedal, because a small child may well come running out into the street after it.

In a recent speech, Daniel Tarullo, the Federal Reserve's point man on regulation, contended that substantial, though incomplete, progress has been made.

It's been five years since the onset of the financial crisis - the rescue of Bear Stearns in March 2008 - and we still don't know whether the financial system is safe.

President Obama signed the Dodd-Frank financial reform law in July 2010, hailing it as an overhaul to prevent the kind of crisis that hit the world economy in 2008 and one of the signature achievements of his first term.

If you are driving along and suddenly see a big red rubber ball come bouncing out into the street, you might want to put your foot on the brake pedal, because a small child may well come running out into the street after it.

Unfortunately, too much of what is said and done in politics is based on the same tunnel vision pursuit of some "good thing," in utter disregard of the repercussions.

We all understand that an inexperienced young child who has his mind fixed on one thing may ignore other things that are too dangerous to be ignored.

Former U.S. Rep. Gabrielle Giffords of Arizona, singled out for honors at the John F. Kennedy Presidential Library & Museum in Dorchester yesterday, called on Congress to show more courage on gun control.

The Heritage Foundation says the Obama Administration is ready to impose new regulations and it isn't being transparent about it.

Connecticut's U.S. Attorney David Fein will announce Tuesday that he plans to leave office, three years into his four-year term, federal law enforcement officials familiar with the decision said Tuesday morning.

After going through "19 months of hell," Christine Denoia had hoped for a large payment from a $9.3 billion federal compensation fund that penalized some of the nation's largest financial institutions for abusive tactics such as wrongful evictions.