Barney Frank

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Frank Vows To Close Big-Bank Loophole

HuffingtonPost.com | Ryan Grim | Posted 11.25.2009 | Business

Read More: Bank Regulation, Financial Regulatory Reform, Bank Loophole, Barney Frank, Regulatory Reform Loophole, Barney Frank Loophole, Business News

The financial regulatory reform bill working its way through the House would give Bank of America a legislative gift that it pushed for in early 2007,...

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Stop Socialism for the Rich: Nationalize Wall Street

Les Leopold | Posted 11.25.2009 | Business

Read More: JP Morgan Chase, Goldman Sachs, CEO Pay, Unemployment, Morgan Stanley, Wall Street Crisis, Bailout, Wall Street, Barney Frank, Economic Crisis, Joe Biden, Paul Volcker, Business News

We should give strong consideration to nationalizing the largest banks in order to run them like public utilities. We also should consider placing banking employees into the civil service system to end the ridiculous wage distortions.

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"Glimmers Of Hope": Geithner Goes Gospel To Make Us Feel Better About The Economy (VIDEO)

Posted 11.24.2009 | Comedy

Read More: Harry Shearer Glimmers of Hope, Timothy Geithner Treasury Secretary, Timothy Geithner, Harry Shearer, Glimmers of Hope, Barney Frank, Timothy Geithner Glimmers of Hope, Timothy Geithner Sings, Comedy News

With Barney Frank laying down the beat and a gospel chorus singing backup, Harry Shearer has taken over the body of Secretary of the Treasury Timothy ...

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The Next Trillion Dollar Federal Giveaway To Mega-Banks: Shooting Main Street Lenders For The Sins Of Wall Street

Howard Glaser | Posted 11.24.2009 | Business

Read More: Mortgage Crisis, Main Street, Banks, Chris Dodd, Subprime Mortgages, Barney Frank, Business News

The Frank and Dodd regulatory reform bills are terribly drafted provisions which will strike a death blow to "main street" lenders and hand over a multi-trillion dollar mortgage market to a few large financial institutions.

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Systemic Risk Panel Would Lack Independence; Treasury Secretary Would Call The Shots

HuffingtonPost.com | Shahien Nasiripour | Posted 11.23.2009 | Business

Read More: Financial Crisis, White House, Treasury Department, Financial Reform, Barney Frank, Keith Ellison, Barack Obama, Consumer Federation of America, Tim Geithner, Timothy Geithner, Systemic Risk Regulator, Systemic Risk, Financial Regulatory Overhaul, Financial Regulation, Business News

If the White House and congressional leaders get their way, the vaunted new oversight council charged with overseeing systemic risk in the financial m...

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Senator Says Loophole In Derivatives Regulation Undermines Reform

HuffingtonPost.com | Shahien Nasiripour and Ryan Grim | Posted 11.20.2009 | Business

Read More: Financial Crisis, Cantwell, Occ, Regulatory Reform, Derivatives, Financial Reform, Derivatives Reform, Collin Peterson, Barney Frank, Main Street, Bailout, Maria Cantwell, Wall Street, Business News

The effort to impose new restrictions on the financial system falls short of true reform if there's a gigantic loophole for foreign exchange derivativ...

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Fed Beaten: Bill To Audit Federal Reserve Passes Key Hurdle

HuffingtonPost.com | Ryan Grim | Posted 11.19.2009 | Politics

Read More: Fed, Ron Paul, Barney Frank, Federal Reserve, Monetary Policy, Congress, Alan Grayson, Politics News

In an unprecedented defeat for the Federal Reserve, an amendment to audit the multi-trillion dollar institution was approved by the House Finance Comm...

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Audit The Fed Effort Wins Support From An Unusual Coalition

HuffingtonPost.com | Arthur Delaney | Posted 11.19.2009 | Business

Read More: Tarp, Max Bauchus, Watt Amendment, Frank, Barney Frank, Aig, Alan Grayson, Lobbyblog, Barney, Rob Johnson, Mel Watt, Audit the Fed, Dean Baker, House Financial Services Committee, Business News

An unusual coalition of progressive economists, labor leaders, and bloggers has decided to fight back against a congressional amendment that would all...

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EXCLUSIVE: Two Leading House Dems Will Close $50 Trillion Loophole In Derivatives Reform Bills

HuffingtonPost.com | Shahien Nasiripour and Ryan Grim | Posted 11.18.2009 | Business

Read More: Occ, Derivatives, End Users, Barney Frank, Derivatives Reform, Chris Dodd, Collin Peterson, Big Banks, Cftc, Exclusive, Tbtf, Financial Crisis, Banks, Foreign Exchange, Gary Gensler, Business News

The two House Democrats shepherding derivatives reform proposals through Congress will close an existing $50 trillion loophole for foreign currency co...

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Dems Want Unspent TARP Funds For Main Street Bailout

Posted 11.18.2009 | Politics

Read More: Small Business Loans, Wall Street Bailout, Recovery, Congress, Unused Tarp Money, Federal Deficit, Leftover Tarp Funds, Peter DeFazio, Jobs, Homeowners, Obama, Democrats, Defazio, Main Street, Barney Frank, House, Deficit, Earl Blumenauer, Senate, Unemployment, White House, Financial Crisis, Extra Tarp Money, Bank Bailout, Leftover Tarp Money, Tarp, Republicans, Politics News

Democrats in Congress want to use unspent TARP funds to support homeowners and struggling workers, according to The Hill. More than half of the Democ...

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The 15 Biggest Congressional Recipients Of Wall Street Campaign Cash

Posted 11.19.2009 | Business

Read More: Wall Street Campaign Contributions, Slidepoll, Barney Frank, Center for Responsive Politics, John Thune, Charles Schumer, Eric Cantor, Opensecrets, Carolyn Maloney, Business News

Reforming Wall Street is a hot topic on Capitol Hill these days. Congress is currently weighing two financial reform bills that would, to varying degr...

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Moneyed Interests Lining Up For Battle Over Accounting Standards

HuffingtonPost.com | Ryan Grim | Posted 11.16.2009 | Politics

Read More: CFA Institute Centre for Financial Market Integrity, Tohmatsu, Council of Institutional Investors, Committee on Capital Markets Regulation, American Institute of Certified Public Accountants, Center for Capital Markets Competitiveness, Economy, Financial Services Roundtable, American Council for Capital Formation, Reform, National Association of Home Builders, Ernst and Young, Accf, Financial Executives International, Jim Turley, Center for Audit Quality, Commercial Mortgage Securities Association, Financial Accounting Standards Advisory Council, National Multi Housing Council, Paul Volcker, Real Estate, Accounting, American Bankers Association, Sec, Aba, Calpers, Fasb, Financial Reform, Investment Company Institute, Institute of Management Accountants, US SEC, National Apartment Association, Grant Thornton Llp, Ed Perlmutter, Kpmg, Recession, Barney Frank, House Financial Services Committee, Deloitte Touche, Council of Federal Home Loan Banks, Perlmutter, Real Estate Roundtable, Banks, Emails, Politics News

In the midst of what was supposed to be a Congressional push for increased financial regulation and accountability, a powerful coalition of moneyed in...

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Derivatives Reform: 'Tricky Exceptions' Leave Market Unchecked: The Nation

thenation.com | William Greider | Posted 11.13.2009 | Business

Read More: Goldman Sachs, JPMorgan Chase, Morgan Stanley, Economy, Derivatives, Barney Frank, Bank of America, Regulatory Reform, Obama Administration, Derivatives Trading, Financial Regulation, House Financial Services Committee, Citigroup, Transparency, Business News

The Obama administration promised to reform the financial system and make it safe for the rest of us, but recent Congressional action is more likely t...

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God to Goldman Sachs: You're Not Doing 'God's Work,' Joins Call for Protest at DC Headquarters

Art Levine | Posted 11.13.2009 | Business

Read More: Goldman Sachs, Nomi Prins, Barney Frank, Financial Reform, Banks, Obama, Dylan Ratigan, Too Big to Fail, Americans for Financial Reform, Public Citizen, Federal Reserve, Chris Dodd, Business News

Sources close to God reported Thursday that the Supreme Being was angered at recent comments by Goldman Sachs CEO Lloyd Blankfein that's he's just a banker "doing God's work."

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DADT Likely To Be Part Of Defense Bill: Barney Frank

The Advocate | Posted 11.11.2009 | Politics

Read More: Frank Dadt, Frank, Barney Frank Dont Ask Dont Tell, Dadt, Dont Ask Dont Tell, Barney Frank, Barney Frank Dadt, Politics News

Repealing "don't ask, don't tell" will likely be included as part of next year's Department of Defense authorization bill in both chambers of Congress...

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Colbert Defends Barney Frank Over Pot Bust Kerfuffle (VIDEO)

Posted 11.11.2009 | Comedy

Read More: Stephen Colbert, Video, Barney Frank Pot, Barney Frank Drugs, Barney Frank, Barney Frank Marijuana, Colbert Barney Frank, Stephen Colbert Barney Frank, Barney Frank Outdoorsy, Comedy News

News broke this week that Congressman Barney Frank was present when his partner was busted for possession of marijuana in 2007. Police found pot plant...

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Eviscerating Rubén Díaz on Gay Marriage

Nathaniel Frank | Posted 11.10.2009 | New York

Read More: Religion, Gay Rights, New York Gay Marriage, New York State Senate, David Paterson, Christopher Lynn, Barney Frank, Gay Marriage, Same-Sex Marriage, New York News

New York State Senator Rubén Díaz Sr.'s opposition to marriage equality in New York state is just plain stupid, and history must hold him to account.

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Proposals In House Would Curb 'Too Big To Fail' Banks, Firms

Wall Street Journal | DAMIAN PALETTA and MICHAEL R. CRITTENDEN | Posted 11.09.2009 | Politics

Read More: Fed, Geithner, Timothy Geithner, Sec, Larry Summers, Too Big to Ail, Lobbying, Bank of America, Lobbyists, Chase, Paulson, Economy, Metlife, Regulation, JP Morgan, Obama, Democrats, Prudential, Recession, Barney Frank, House, Senate, House Financial Services Committee, Henry Paulson, White House, Treasury, Hank Paulson, Kanjorski, JP Morgan Chase, Republicans, Politics News

Democrats are advancing proposals in Congress designed to limit the size and complexity of financial companies so that any collapse wouldn't damage th...

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Barney Frank Clashes With Ed Schultz Over Bank Bonuses: "Don't Condescend To Me" (VIDEO)

Huffington Post | Nicholas Graham | Posted 11.09.2009 | Business

Read More: Video, Bailout Bandits, Bank Bailouts, Ed Schultz, Financial Crisis, Barney Frank Ed Show, The Ed Show, Bank Bonuses, Wall Street, Barney Frank, Business News

MSNBC's Ed Schultz and Congressman Barney Frank (D-Ma.) clashed tonight over Congress's response, or lack of response, to the news that JPMorgan, Gold...

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Federal Reserve-Led Regulation Opposed By Lawmakers From Both Parties

Patrice Hill | Posted 11.09.2009 | Business

Read More: Treasury Department, Barney Frank, Bank of America, Aig, Banks, Federal Reserve, Timothy Geithner, Obama Financial Reform, Financial Regulation, Ralph Nader, House Financial Services Committee, Business News

An unusual alliance of conservatives and liberals is pushing to break up or downsize banks deemed "too big to fail," rather than create a new regulato...

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Barney Frank: POT BUST Took Place With Congressman Present

Posted 11.08.2009 | Politics

Read More: Boston, Marijuana, Barney Frank, Medical Marijuana, Pot Bust, Marijuana Laws, Pot, Pot Arrest, Pot Possession, Maine, House, James Ready, Qgunquite, Massachusetts, Barney Frank Pot, Barney Frank Pot Bust, Barney Frank Marijuana, Politics News

Rep. Barney Frank (D-Mass.) was present during his partner James Ready's marijuana arrest in 2007, according to a police report. Ready was arrested ...

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New Bill Would Keep Public In The Dark About Threats To Financial System

HuffingtonPost.com | Shahien Nasiripour | Posted 11.06.2009 | Business

Read More: Tbtf, Financial Reform, Barney Frank, Too Big to Fail, Financial Crisis, Mel Watt, Systemic Risk Regulator, Financial Stability, Systemic Risk, Gregory Meeks, Financial Regulation, Business News

Members of Congress and the general public may not be told of "potential emerging threats to the stability of the financial system," thanks to a Thurs...

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10 Years Ago Today, Congress Allowed For "Too Big To Fail"

HuffingtonPost.com | Shahien Nasiripour | Posted 11.05.2009 | Business

On the 10th anniversary of Congress voting to repeal the law that had long separated Main Street commercial banking from Wall Street investment bankin...

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Civil War In Corporate America: Banks Battling The Chamber On Accounting Rules

HuffingtonPost.com | Ryan Grim | Posted 11.06.2009 | Business

Read More: Financial Accounting Standards Board, Barney Frank, Sec, Mark to Market Accounting, Ed Perlmutter, Brad Miller, Business News

Amid the ongoing financial regulation overhaul, the banking industry is hoping to pull off a quiet power grab that has eluded its grasp since the Grea...

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Federal Reserve Loses Expanded Powers Proposed By Obama Administration

HuffingtonPost.com | Shahien Nasiripour | Posted 11.05.2009 | Business

Read More: Fdic, Occ, Tbtf, Barney Frank, Too Big to Fail, John Dugan, Financial Crisis, Federal Reserve, Obama Administration, Comptroller of the Currency, Sheila Bair, Business News

The pushback against an omnipotent Federal Reserve keeps growing. A top Congressional leader said Thursday that the Fed will not have the power to ov...

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