To illustrate the misconceptions about this bill, let's refer to what the gentleman from Utah (Mr. Chaffetz) had to say. He said 76 percent of the purchasers of this and that. Well, if they were so nontransparent, I don't know how he would…
Barney Frank
The Public Record
Barney Frank is a former U.S. Representative from Massachusetts, serving from 1981 to 2013. A member of the Democratic Party, he was known for his progressive stance on various issues, including financial regulation and LGBT rights. Frank played a significant role in the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which aimed to prevent the kind of financial crisis that occurred in 2008. He was also one of the first openly gay members of Congress, advocating for LGBTQ+ rights throughout his career.
I'm glad that the Committee on Government and Oversight isn't the official House historian. In fact, there was a motion to include language like this offered to the financial reform bill. I voted ``no,'' as did Mr. Watt. It was included in…
No. I reclaim my time and say we should do none of them. I was saying I have a consistent position. I don't think we should do any of them. What I'm saying is, people who get up there and beat their chest about how tough they are and…
But what it will do is destabilize. We have worries about expectations. There is a fear that we will be too inflationary or that we won't grow enough. People on Wall Street are not as sophisticated as some people think. I don't mean…
And I think this is a problem not of the regulators but of the private sector--and of the British, because this was a British association.
These were not bad guesses about derivatives. This was not overconfidence about mortgages. This was conscious deception in their own self-interest.
the most important issue, it seems to me, regarding municipal finance is one that we took some steps to dealing with...
I strongly support the effort by my colleague from California. I would say to the distinguished chairman of the subcommittee that it's certainly the case that, once the society through which democratic processes has determined what it…
I am very pleased to join my colleague from South Carolina in an effort to make a small reduction in the Appropriations Committee's recommendation. Our colleague from New Jersey is right, the Constitution gives this power to the Congress…
I submit for the Record a June 28 article from The Hill: But U.S. dominance in every dimension of military power is clear. In recent years we have been building ``strategic depth'' into this dominance without regard to its costs--to our…





