I was interested to hear the gentleman from Georgia, a member of the Appropriations Committee, complain about this duplication. Apparently, during the 6 years when the Republican Party controlled the White House, the House, and the Senate…
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.
It is with this in mind that we are trying to enlist support for an event unprecedented in American history.
We owe so much not only to our courageous Iraq and Afghanistan veterans but also to our Vietnam veterans and our aging Korean and World War II veterans.
passing this bill . . . will not in any way, shape or form reduce sensible regulation of derivatives. It will not increase any exposure to the financial system from derivatives. [Sec. 716] was an unnecessary and, I think, somewhat unwise…
I would be interested if you would give us, too, the CBO. And I think, if necessary, we should increase our quota, because it makes a great deal of sense.
The notion that we should try to discourage the IMF from participating is hard for me to understand.
Last question: There has been a lot of concern about American banks' exposure to European financial institutions with credit default swaps, etc.
I do agree that we have excessive American taxpayer exposure to Europe. It is called 'NATO.'
the European situation is one of the major threats to our being able to continue our recovery.
I think, a somewhat inaccurate partisan attack on the general fiscal policy of the United States.





