Dodd’s retirement is much less troublesome for Democratic leaders than Dorgan’s — a strong replacement candidate already has emerged
in Connecticut — but both departures could deal a blow to the
prospects for passage of more transit-centric federal transportation
bill this year.
As chairman of the Senate Banking Committee, which has
jurisdiction over transit, Dodd showed strong support for clean
transport funding. He has significant unfinished business on the table
in his panel, in the form of legislation
that would formally approve the Obama administration’s inter-agency
sustainable communities effort and authorize $4 billion in
transit-oriented development grants.
With Dodd’s record on Wall Street regulation seen as a major factor in his fall from grace, as well as crucial to burnishing his legacy,
momentum for the transportation-and-housing bill could flag in 2010 as
the retiring senator focuses on pushing financial reform across the
In addition, the Democrat next in line to lead the Banking panel is Sen. Tim Johnson (SD), who has taken a generally positive approach
to transit but represents a highly rural state where sustainable
development is less of a factor. (Another Democrat potentially in the hunt
to succeed Dodd at Banking, provided that Democrats keep their majority
next year, is the more transit-centric Sen. Jack Reed [RI].)
unexpected retirement raises more subtle political questions. As one of
two senators tapped by Majority Leader Harry Reid (D-NV) to coordinate
the upper chamber’s coming job-creation bill, Dorgan remarked last month on the importance of beefing up merit-based infrastructure spending in that measure.
the biggest negative consequence of Dorgan’s loss, then, is the fact
that Republican Gov. John Hoeven (ND) is considered the frontrunner to take over his seat — with few if any strong Democrats in the mix to oppose him.