OBAMA RIDES TO CHRIS DODD’S RESCUE: Dodd Getting Presidential Help in Reelection Campaign.

Embattled Senate Banking Committee Chairman Christopher Dodd (D-Ct.), whose low approval ratings make him one of the most vulnerable Democrats seeking re-election next year, gets help from President Obama tonight.

Obama will appear at a $1,000-per person fundraising event for Dodd in Stamford.

Dodd is crucial to Obama’s hopes for getting the overhaul of the regulation of financial services passed. The House Financial Services Committee is currently marking up the measure. Yesterday it approved the component that would create a Consumer Financial Protection Agency. . . .

Dodd’s low approval ratings stem from several factors, including the sluggish economy and questions raised about favorable treatment he received on a mortgage from Countrywide Home Loans.

Dodd will need all the help he can get, though Obama’s record with Corzine and Deeds may worry him.