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Barney Frank

Homeowners: "Hey Congress, Get Off Your A**"

Richard Zombeck | Posted 11.03.2009 | Business

Read More: Mortgages, John Tierney, Congress, Making Home Affordable, Barney Frank, Martha Coakley, Foreclosure, Loan Modifications, Mortgage, Banks, Business News
Richard Zombeck

Our fearless leaders and elected officials don't really seem to have much to say when it comes to hundreds of foreclosures a week - and that's just in their own districts.

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Barney Frank Disagrees With Obama On Fund, May Face Fight With Some Financial Firms

bloomberg.com | Alison Vekshin | Posted 11.02.2009 | Politics

Read More: JP Morgan Chase, Treasury Department, Shareholders, Federal Deposit Insurance Corp., Barney Frank, Bloomberg Television, Aig, Obama Administration, Regulate Financial Firms, Financial Services Roundtable, Goldman Sachs, U.S. House Financial Services Committee, Financial Firms, Consumer Financial Protection Agency, Timothy Geithner, Sheila Bair, Political Capital With Al Hunt, Scott Talbott, Politics News

Oct. 31 (Bloomberg) -- Barney Frank, chairman of the U.S. House Financial Services Committee, reversed course on paying to unwind failed financial fi...

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Democrats: Overdraft Fees Must Be Curtailed

AP | ANNE FLAHERTY | Posted 10.30.2009 | Business

Read More: Senate Banking Committee, Barney Frank, Christopher Dodd, Banks, Overdraft Fees, Overdraft Protection, House Financial Services Committee, Business News

WASHINGTON — Senior congressional Democrats say legislation is still needed to limit how lenders charge customers who overspend on their account...

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Fed Regional Bank Heads: Congress Threatening Central Bank's Autonomy

bloomberg.com | Scott Lanman | Posted 10.30.2009 | Business

Read More: Charles Plosser, Barney Frank, Bernanke, Christopher Dodd, Federal Reserve, Monetary Policy, Banks, Thomas Hoenig, Regional Banks, Business News

Oct. 30 (Bloomberg) -- Federal Reserve regional bank presidents are trying to ward off congressional efforts to weaken their clout, saying the moves m...

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An Object Lesson In Governmental Failure: Derivatives Reform

Harpers | Ken Silverstein | Posted 10.30.2009 | Business

Read More: Derivatives, Barney Frank, House Financial Services Committee, Derivatives Reform, Business News

If you want to understand why Congress seems completely incapable of checking the power of Wall Street, look back to a hearing on the Hill last Octobe...

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Shahien Nasiripour

Frank Says "Too Big To Fail" Bill Will Be Changed

HuffingtonPost.com | Shahien Nasiripour | Posted 10.30.2009 | Business

Read More: Wall Street Bailout, Tbtf, Bailout, Tim Geithner, Barney Frank, Too Big to Fail, John Dugan, Financial Crisis, Banks, Timothy Geithner, Sheila Bair, Business News

Democrats and Republicans ripped into Treasury Secretary Timothy Geithner during a Congressional hearing Thursday, as Geithner defended an administrat...

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Too Big to Jail

Norb Vonnegut | Posted 10.29.2009 | Business

Read More: Hedge Fund, Wall Street, Private Wealth Management, Tarp, Norb Vonnegut, Barney Frank, Banks, Business News
Norb Vonnegut

Uncle Sam is wrestling how to govern organizations vital to our nation's economic welfare. I'd rather see legislators focus on leverage and preventive cures than after-the-fact remedies like "amending loans."

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Shahien Nasiripour

Barney Frank: No More Secret Agreements Between Regulators and Banks

HuffingtonPost.com | Shahien Nasiripour | Posted 10.29.2009 | Business

Read More: Barney Frank Banking Reform, Financial Services Committee, Barney Frank, Financial Crisis, Bank Secret Agreements, Barney Frank Regulation, Business News

Updated at 7:45 p.m. ET Every action taken by federal regulators against large, systemically-important financial firms -- those commonly referred to ...

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Geithner Testimony: New "Too Big To Fail" Legislation Won't Lead To More Bailouts

AP | JIM KUHNHENN and ANNE FLAHERTY | Posted 11.02.2009 | Business

Read More: Aig, Chrysler, Gm, Lehman Brothers, Federal Reserve Board, Tim Geithner, Barney Frank, Freddi Mac, Fannie Mae, Daniel Tarullo, Bailout, Too Big Too Fail, Geithner Testimony, House Financial Services Committee, Financial Crisis, Fiscal Policy, Business News

WASHINGTON — An Obama administration plan to dissolve large, struggling financial firms rather than bail them out is encountering Republican res...

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Shahien Nasiripour

Investor Protection Act: Dems Square Off Against Republicans On Shareholders' Rights

HuffingtonPost.com | Shahien Nasiripour | Posted 10.29.2009 | Business

Read More: Shareholders, Mike Castle, Barney Frank, Preemption, Financial Crisis, Maxine Waters, Chamber of Commerce, Proxy Access, US Chamber of Commerce, Federal-Preemption, Business News

Democrats and Republicans faced off Wednesday in a congressional debate over whether shareholders should have an easier time nominating directors to c...

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Labor Leader Trumka To Testify Against "Reform" Bill Deemed "TARP on Steroids"

Mike Elk | Posted 10.29.2009 | Politics

Read More: Barack Obama, Bailout, Showdown in Chicago, Barney Frank, Wall Street, Tarp, Ed Yingling, Republic Windows and Doors Chicago, Richard Trumka, Politics News
Mike Elk

As Congressman Sherman put it, the current legislation meant to reform Wall Street would actually be like "TARP on steroids."

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Ryan Grim

Frank: Banks Shouldn't Pick Their Own Regulators

HuffingtonPost.com | Ryan Grim | Posted 10.28.2009 | Politics

Read More: Federal Reserve, Richard Shelby, Chris Dodd, Barney Frank, Politics News

House Financial Services Committee Chairman Barney Frank is backing his colleagues in the upper chamber who have called for an end to the practice of ...

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"Too Big To Fail" Bill Unveiled By Treasury Department, House Dems

The Huffington Post | Ryan MCCarthy | Posted 11.02.2009 | Business

Read More: Treasury Department, Financial Superfund, Barney Frank, Federal Reserve, Too Big Too Fail, Systemic Risk, House Financial Services Committee, Fiscal Policy, Business News

The Treasury Department and the House Financial Services Committee chairman Barney Frank (D - Mass.) last night unveiled a sweeping new bill that atte...

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Ryan Grim

GOP Tried To Block Elizabeth Warren From Heading Agency She Proposed

HuffingtonPost.com | Ryan Grim | Posted 10.27.2009 | Politics

Read More: Elizabeth Warren, Scott Garrett, Cfpa, Barney Frank, Elizabeth Warren GOP, Consumer Financial Protection Agency, Elizabeth Warren CFPA, Barney Frank Elizabeth Warren, Politics News

The person leading a regulatory agency is often more important than the structure and the scope of its powers. Think of Alberto Gonzales or Elliot Spi...

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President Obama Gives In to Pressure; Orders 40,000 Gay Troops to Afghanistan

Lee Stranahan | Posted 10.27.2009 | Comedy

Read More: Don't Ask Don't Tell, Orrin Hatch, Gay Rights, Afganistan Troop Increase, Rahm Emanuel, Afghanistan, Barney Frank, Comedy News
Lee Stranahan

President Obama said the move was both a victory for human dignity and for pointless wars we can't possibly win.

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"Too Big To Fail" Legislation Is On The Way

New York Times | STEPHEN LABATON | Posted 10.26.2009 | Politics

Read More: Goldman Saks, Congress, Economy, Bailouts, Obama, Too Big to Fail Bill, Legislation, Ben Bernanke, Aig, White House, Bailout, Federal Reserve, Lehman Brothers, Bofa, Treasury, Gop, Consumer Protection Agency, Financial Crisis, Paul Volcker, Wall Street, Citigroup, Bank of America, Derivatives, Ben Bernanke Federal Reserve, Democrats, Recession, Barney Frank, House, House Financial Services Committee, Senate, Barack Obama, Tim Geithner, Banks, Bonuses, Too Big to Fail, Executive Pay, Politics News

A senior administration official said on Sunday that after extensive consultations with Treasury Department officials, Representative Barney Frank, th...

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"Too Big To Fail" Bill Coming On Monday From Obama Administration: Reuters

Reuters | Posted 10.23.2009 | Business

Read More: Financial Reform, Barney Frank, Banks, Obama Administration, Resolution Authority, Too Big Too Fail, House Financial Services Committee, Business News

WASHINGTON, Oct 23 (Reuters) - The Obama administration plans to unveil on Monday a new plan for dealing with troubled financial giants, said a senior...

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Jeff Muskus

Consumer Financial Protection Act Passed By House Committee

HuffingtonPost.com | Jeff Muskus | Posted 10.22.2009 | Politics

Read More: Regulatory Reform, Consumer Financial Protection Act, Cfpa, Barney Frank, House Financial Services Committee, Video, Politics News

The proposed Consumer Financial Protection Agency took another step forward Thursday in the House, moving out of the Financial Services Committee -- a...

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What A Real Town Hall Looks Like

Alex Green | Posted 10.21.2009 | Politics

Read More: Town Hall Debate, Waltham-Massachusetts, Town Hall Meetings, boston.com, Christopher Hitchens, Waltham Daily News Tribune, Barney Frank, Politics News
Alex Green

Can this be done anywhere? Yes. Is it without difficulty? No. But is it easier than we think to organize 25 political figures over four weeks with a small group and no money? Yes.

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House Panel Says States Can Protect Consumers

AP | ANNE FLAHERTY | Posted 10.22.2009 | Politics

Read More: House of Representatives, Melvin Watt, Consumer Financial Protection Agency, Financial Services Committee, Barney Frank, Banking Crisis, Dennis-Moore, Melissa Bean, Banking Industry, Financial Regulation, House Financial Services Committee, Politics News

WASHINGTON — The House Financial Services Committee agreed Wednesday to ensure states can impose their own tough consumer protection laws agains...

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Frank Allowing Weakening Amendments to Financial Reform to Pass Without Roll Call Votes

Mike Elk | Posted 10.20.2009 | Politics

Read More: Financial Crisis, Wall Street, Barack Obama, Cfpa, Barney Frank, Politics News
Mike Elk

Because exempting so many banks from regulation is highly unpopular, members of Congress don't want voters to know that they voted for such ridiculous measures.

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Time for Progressives to Stand Up Proudly for Government

Robert Creamer | Posted 10.20.2009 | Politics

Read More: Financial Sector, Government Takeover of Health Care, Barney Frank, Washington Post-ABC Poll, President Obama, Health Care Reform, Right Wing, Role of Government, Medicare, Role-of-Government, Health Insurance Reform, Politics News
Robert Creamer

Government is not always the solution, any more than it is always the problem. But in many cases, progressives know that it is more efficient, more effective and more consistent with the values of a democratic society.

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Holder's Baby Step On Medical Marijuana

Chris Weigant | Posted 10.25.2009 | Politics

Read More: 2835, Necessity, Medical Necessity, President Obama, Glaucoma, Marijuana, Barney Frank, Dea, Doj, Raid, Oakland Cannabis Buyers Cooperative, Medical, Medical Marijuana, Obama, War on Drugs, Injustice, Drug, Eric Holder, California, Drug Enforcement Agency, Gonzales v Raich, Federal Prosecutor, Schedule I, Schedule, Ed Rosenthal, Marinol, Schedule II, Medical Use, US v Rosenthal, Drug War, Department of Justice, Justice, Federal Attorney, Oakland, Gag Rule, Federal, Attorney General, Necessity Defense, US v OCBC, Justice Department, Barack Obama, Holder, Controlled Substances Act, Ag, Cannabis, Chris Weigant, Ashcroft v Raich, hr2835, Drug Policy, Medical Necessity Defense, Raich, Ocbc, Rosenthal, Politics News
Chris Weigant

Obama's plan is good news for medical marijuana advocates, but although this is a historic shift in the War on Drugs, it does not go far enough because it does not resolve the illogic of the underlying legal issue.

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Wall Street and the US Government: Where's Jimmy Stewart When We Need Him?

Steven G. Brant | Posted 10.20.2009 | Politics

Read More: Chuck Schumer, Tarp, Wall Street Bailout, Barney Frank, Maureen Dowd, Chris Dodd, Dylan Ratigan, Frank Rich, Chris Matthews, Barack Obama, Goldman Sachs, Wall Street, Glenn Greenwald, Henry Paulson, Jimmy Carter, Timothy Geithner, Jimmy Stewart, Wall Street Bonuses, Ralph Nader, Mr. Smith Goes to Washington, Politics News
Steven G. Brant

With all the interest in the damage Wall Street has done, activity that's the opposite should draw some attention. But coverage of the corporate social responsibility movement is not yet an idea whose time has come.

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Frank Rich: Goldman Can Spare You A Dime

New York Times | FRANK RICH | Posted 10.17.2009 | Business

Read More: Timothy Geithner, Larry Summers, Economy, Barney Frank, Jobless, Regulation, Obama, Reform, Lloyd Blankfein, Frank Rich, Unemployment Rate, Goldman Sachs, White House, Jobless Rate, Bailout, Treasury, Blankfein, Wall Street, Health Care, Greed, Sec, Depression, Senate Finance Committee, Derivatives, Financial Crisis Inquiry Commission, Goldman, Recession, Financial Services Committee, Health Care Reform, Bonuses, House Financial Services Committee, Business News

As leader of the Wall Street pack, Goldman declared surging profits, keeping it on track to dispense a record $23 billion in bonuses for 2009. But mos...

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