Dodd to urge Congress to direct bailout money into small businesses
US Sen. Christopher Dodd said Monday that he will urge Congress and the Obama Administration to direct as much as $125 billion in unused and repaid federal bailout money to projects that benefit small businesses and entrepreneurs, to foster a ``21st-century boom.''
Sen. Chris Dodd on Monday unveiled a sweeping financial regulatory reform bill designed to prevent future Wall Street bailouts and to protect borrowers with a Consumer Financial Protection Bureau housed at the Federal Reserve.