Dodd, With Political Problems, Now Has Health Problems

The political news for Sen. Chris Dodd (D-CT) has not been good lately, with a former official at Countrywide Financial contradicting Dodd on a sweetheart mortgage deal the senator allegedly received and polls showing more and more people questioning Dodd's honesty and integrity.

Today, at 2 p.m. ET, Dodd is holding a news conference at his Hartford office to announce he has been diagnosed with prostate cancer and that he will undergo surgery during the August congressional break. And, according to the Hartford Courant, Dodd "said he feels fine and intends to run" for a sixth term next year.

More after 2 p.m.