Political Quotes

On the recordMay 7, 2012
I wouldn't say 'sinister.' I don't think the people on the Federal Reserve regional boards... are people of good will, but it has an obvious bias.
Said by
Barney Frank
Democratic · Massachusetts

Editor's note · Context

Frank discusses the influence of the financial industry on Federal Reserve appointments.

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This bill--and I will differ specifically with Mr. Labrador on this--empowers people to take my tax money and use it to do things and then exclude me and Jim from its benefit.

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In 2009, Barney Frank introduced the Consumer Financial Protection Agency Act, which created a five-person board at the CFPB.

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