US Sen. Dodd: Congress Must Have Input In Bailout

U.S. Senate Banking Committee Chairman Christopher Dodd on Friday warned the Bush administration that it must work with Congress this weekend on details of a Wall Street bailout package that has not been fully unveiled to lawmakers.

"None of us have any idea what the details are," said Dodd, adding that the Treasury Department and Federal Reserve should not present a package next week as a "fait accompli."

The Connecticut Democrat added that crafting the measure "will be very difficult," but he said quick action was needed because "credit has seized up."