Barney Frank

Barney Frank, who is taking the lead for the Democrats, said to reporters of John McCain, he's saving us from a deal we're about to make. We're trying to rescue the economy, not the McCain campaign.

Barney Frank who is taking the lead for the Democrat said to reporters of John McCain he's saving us from a deal we're about to make. We're trying to rescue the economy, not the McCain campaign.

Ed Brooke, in addition to being a superb United States Senator who fought very hard and very effectively for economic fairness and obviously against racial prejudice, but he also was the chief law enforcement officer of the Commonwealth of…

I guarantee this provision will only be what it is. If anybody wants to move elsewhere, I might support that. But entirely separate from this, this will not be a vehicle. In fact, I think it would be dishonorable for anyone. We have had…

The reason we put in the legislation to protect disabled veterans who had bankruptcy from being excluded from this program is to protect veterans, disabled veterans who have been in bankruptcy from being in this program. There were people…

I would like to note the use of the figure $300 billion is not a hopeful sign about a rational debate. Three hundred billion is the total value of the mortgages that could be insured. It would cost $300 billion only if nobody made any…

And in the end, the fundamental principle at stake is that our side believes that Americans' prosperity does not come from government, it comes from their own hard work and entrepreneurial investment.

I for one have been saying that we should not be pushing people into homeownership when they can't handle it, and part of the problem here was killing affordable rental housing. But let's have the record clear. There is no rational way to…

The gentleman is wrong to say that we evaluated everybody under CRA. We have evaluated banks and thrifts under CRA. Mortgage brokers, mortgage bankers were not evaluated----

Of all of the unfair accusations, the one that blames the Community Reinvestment Act for this is the strongest. The Community Reinvestment Act was passed in 1977. This subprime crisis, of course, did not appear until nearly 30 years later…

Well, I hope that's the case. The gentleman mentioned the 24 countries. But if any of those countries emulates Iraq and perhaps buys oil from Iran, they won't get the debt relief under this recommittal. So I hope we can also correct that…

No, I'm sorry. Here's the response. The minority had the right to offer this in a way in which we could debate it. They didn't choose to do that. They chose to do it in this limited fashion. So it does look to me like you are having…

No. The answer is, of course, one that leads me to suggest that the answer really is ``yes.'' When people dance around and won't give you the answer, Madam Speaker, the answer is ``yes.'' Apparently, under the criteria set forward here…

I understand that. Iraq is not currently there, but here's the deal. This is not just for now. It is conceivable to me that Iraq will end up owing us money. I hope it will, because we've sure given them a lot, and if they don't owe us any…

I will take back my time because I'm trying to get an honest answer. We are setting policy here, not just for this week. We are saying here that if you do business with the government, if your government has business interests with Iraq…

I want to congratulate him for his lack of partisanship, because having served the majority of his time here under Republican administrations, he retains a deep distrust of the State Department, including the current State Department, and…

The absence of sensible regulation has taken some parts of our economy hostage, and sometimes you've got to pay ransom.

Congress consider establishing a 'Financial Services Systemic Risk Regulator' that has the capacity and power to assess risk across financial markets and to intervene when appropriate.

As I listened to my friend from California, I was struck as he excoriated the President's program, that in his metaphor he seemed to think the President can't tell one body part from another, which is a troubling thing.

Taking back my time, I would agree with that if we didn't have a waiver in there, if we didn't have a variety of ways of meeting the one-for-one replacement. It is not all public housing. In fact, one of the things I plan to do in future…

The gentleman has raised a red herring. There is no chance of it expiring, and the fact that he would talk about a nonexistent threat of expiration seems to me to be an indication that there's nothing substantive to talk about. In the end…

Because I don't think that we should have a de facto amendment to the House rules that puts the Senate in charge of what we can discuss.

I thank the gentleman. If it were up to me, obviously, we would have done this earlier. The only thing I can say is, and I appreciate the spirit of cooperation, I only regret that he cannot love me in December as he did in May.

As I said to my friend from Louisiana, I know everybody can't hear everything. He defends against an accusation that was not made when he said, Don't say they are all up to no good. Several of us on this side have explicitly said that we…

Yes, in fact, it is our hope to get more people into the FHA program as an alternative to subprime. One of the things we've done, and the Senate is now doing it, is to extend the FHA's reach to people with subprime; although I do want to…