Frank lauds Dodd fight for US financial watchdog2010-02-09 19:24 WASHINGTON, Feb 9 (Reuters) - A senior U.S. lawmaker on Tuesday said he supports Senate Banking Committee Chairman Christopher Dodd's fight for the Obama administration's proposed independent financial consumer watchdog agency. "I welcome Senator Dodd's intention to fight to preserve an independent consumer agency," said House Financial Services Committee Chairman Barney Frank, adding that past consumer protection failures helped cause the financial crisis. "Those who cite safety and soundness as a major reason to oppose increased consumer protection have it exactly backwards. In fact, the inability to protect consumers from abuse...