• If you are having problems logging in please use the Contact Us in the lower right hand corner of the forum page for assistance.

Barney Fwank To Retire

Help Support Ranchers.net:

Mike

Well-known member
Joined
Feb 10, 2005
Messages
28,480
Reaction score
0
Location
Montgomery, Al
Good riddance!!!!!!!!!!!!!! Think he might have seen the handwriting on the wall?

Longtime Rep. Barney Frank, D-Mass., will announce Monday he is not seeking re-election, holding an afternoon press conference in Newton, Mass., to offer details behind his decision.

The 16-term lawmaker, whose name is emblazoned on the banking reform law that passed Congress last year, had long been rumored to be ready for retirement. He was previously chairman of the House Financial Services Committee but is now ranking member since Democrats lost the majority in the 2010 midterm election.

The Dodd-Frank law, a contentious set of provisions that Republicans say add layers of regulatory burdens without preventing potential future meltdowns, was made in response to the near collapse of the banking industry in 2008. Among other actions, it created a Consumer Financial Protection Bureau to oversee access to banking products and required listing ratios of executive pay to median employee salaries.

Frank, 71, was first elected to the House in 1980, and is one of the first lawmakers to announce he is homosexual.
 

MoGal

Well-known member
Joined
Dec 14, 2005
Messages
1,086
Reaction score
0
Location
SE MO
Lol Loomix

I totally agree........... good riddance! Now, its time to vote the rest of the council of foreign relations people out as well.
 

Tam

Well-known member
Joined
Feb 10, 2005
Messages
12,759
Reaction score
0
Location
Sask
The rats are fleeing the ship and the biggest one just went over board. :D
 

hypocritexposer

Well-known member
Joined
Apr 12, 2008
Messages
24,216
Reaction score
0
Location
real world
Wasn't there re-districting going on, that would make it doubtful that he would be re-elected?


Or maybe there is going to be a Fannie/Freddie investigation and he doesn't want to be around for it......
 

Latest posts

Top