Keyword: barney
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The sponsor of a House bill to repeal the "don’t ask don’t tell” ban on openly gay service in the military said Wednesday that the Pentagon should move faster to implement the policy change recommended by Adm. Michael Mullen, chairman of the Joint Chiefs of Staff. “I’m skeptical that the review needs to take one year,” said Rep. Patrick Murphy (D-Pa.). Mullen’s efforts won the endorsement of retired Gen. Colin Powell, who as chairman of the Joint Chiefs in 1993 helped usher in the “don’t ask, don’t tell” policy, but the day after declaring that the need to repeal the...
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U.S. Rep. Frank sees global moves on bank regulation2 hours 48 mins ago Barney Frank, chairman of the U.S. House Financial Services Committee, said on Thursday international regulators agree they need to work together on tough new rules for global banks. Skip related content Frank said his talks with regulators and lawmakers from the European Union and other nations at this week's World Economic Forum showed a consensus that it would be dangerous to give banks the opportunity to go shopping for the easiest regulator. "There is an international consensus that we need tough regulation and we can't afford to...
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Instead of "Fannie Mae," please speak of BARNEY MAE. To remind everyone that BARNEY FRANK nearly destroyed the world economy. Our mission? To STOP Barney Frank's plans for LARGER government meddling in mortgages. And to hold him responsible for his crimes. Enjoy our Photos/Videos. Become a Fan + Suggest to Friends!
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Recruitment dayBy CHARLES MAHTESIAN | 1/20/10 3:00 PM EST Among other things, Scott Brown’s win appears to be shot of adrenaline to GOP recruitment efforts. Republican Rep. Kevin McCarthy, in charge of new talent for the NRCC, told me Wednesday he was spending the day dialing for candidates, revisiting some of those who’d previously taken a pass on races. He spoke to at least five and left messages for several others. “A couple have agreed to look at it again,” McCarthy said. ”If you can carry Barney Frank’s seat as Scott Brown did, you can carry any district in the...
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Frank: Fed's Role in AIG 'Troubling'Fri Jan 8, 8:08 am ET By Alison Vekshin and Peter Cook (Bloomberg) -- Representative Barney Frank said the Federal Reserve Bank of New York's 2008 order to American International Group Inc. to suppress disclosures of bank payments is "troubling" and he supports hearings on the issue. Frank retains confidence in Treasury Secretary Timothy Geithner, who led the New York Fed at the time, he said today in a Bloomberg Television interview. The U.S. House last month passed legislation that would prevent the Fed from having the power to bail out companies such as AIG,...
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Maryland's Motor Vehicle Administration says it has halted, at least temporarily, a policy change that would have forced people living as the opposite sex to get an amended birth certificate before applying to change their gender on their driver's license. The gay-rights group Equality Maryland said...the change would have put a financial burden on many people who are struggling financially. It would have taken effect Friday. The current policy demands only written confirmation from a physician or psychologist that the applicant is under supervision for a gender change. The decision doesn't affect a policy requiring people who have had transgender...
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I was tempted to write some scathing remarks about those who support Roman Polanski because they believe he is a great artist. But then I realized two things. One was that Dr. Blanchard had beaten me to the punch. The other was that those of us who are moviegoers or moviestayers (I am a huge fan of Netflix), are guilty of the same kind of support. Consider the case of Nicole Kidman. In 2004, she starred in the movie Birth, where she plays a widow who believes that a ten-year-old boy is her husband reincarnate. The movie features a bathtub...
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Remember all the rhetoric from the Washington and media leftocracy that the right is poisoning the airwaves and TV with “hate speech”? (In fact, Chris Matthews is so concerned about right-wing hate, he has preemptively laid blame at the feet of conservative radio if anything bad happens to Barack Obama.) And remember not too long ago a certain Republican Congressman, Joe Wilson, was lambasted for purportedly creating an atmosphere of incivility within the hallowed halls of Congress? Well, yesterday Jay Leno had the loathsome Rep. Barney Frank (D-MA) on. During the conversation, this exchange took place: LENO: If you had...
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Frank Considers Cramdown LawRep. Barney Frank, D-Mass., said slow progress in assisting troubled homeowners could lead to a new push to change bankruptcy laws. By United Press International September 10, 2009 WASHINGTON, Sept. 10 (UPI) -- Influential congressman Barney Frank, D-Mass., said slow progress in assisting troubled homeowners could lead to a new push to change bankruptcy laws. Frank, chairman of the House Committee on Financial Services, said Congress should revisit the issue of allowing bankruptcy judges to modify mortgages if the banking industry does not increase the pace of its help to homeowners, The Washington Post reported Thursday. The...
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Massachusetts Rep. Barney Frank called Supreme Court Justice Antonin Scalia a "homophobe" in a recent interview with the gay news Web site 365gay.com . The Democratic lawmaker, who is gay, was discussing gay marriage and his expectation that the high court would some day be called upon to decide whether the Constitution allows the federal government to deny recognition to same-sex marriages. "I wouldn't want it to go to the United States Supreme Court now because that homophobe Antonin Scalia has too many votes on this current court," said Frank. The video of the interview is available online. Frank's office...
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So now President Obama wants to spend money on creating low-cost housing? Uh, that's apartments, not "homes to own": The idea is to pay for the construction of low-rise rental apartment buildings and town houses, as well as the purchase of foreclosed homes that can be refurbished and rented to low- and moderate-income families at affordable rates. Uh huh. More housing units while we have a huge number vacant. That's dumb. I got a smart idea (instead of this stupid one): Close the banks that have failed condo construction loans and seize the assets (via the FDIC.) Complete those with...
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Barney should be the mascot for the Democratic Party. They admire and respect his not too respectable image. I'm not going to dwell on his "house of prostitution" in his apartment in Washington DC. I am going to say that homosexuals have a nasty image in my mind.
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Frank's fingerprints are all over the financial fiascoBy Jeff Jacoby Globe Columnist / September 28, 2008 "THE PRIVATE SECTOR got us into this mess. The government has to get us out of it." That's Barney Frank's story, and he's sticking to it. **SNIP** "What does it mean when Boston banks start making many more loans to minorities?" I asked in this space in 1995. "Most likely, that they are knowingly approving risky loans in order to get the feds and the activists off their backs . . . When the coming wave of foreclosures rolls through the inner city, which...
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Frank To Question Bernanke On Bank ReformRonald D. Orol MarketWatch Pulse WASHINGTON - Federal Reserve Chairman Ben Bernanke is scheduled to join Treasury Secretary Timothy Geithner on Friday to take questions from House lawmakers about key aspects of the White House's regulatory reform proposal released in June, the central bank said Thursday. House Financial Services Committee Chairman Barney Frank, D-Mass., is expected to grill Bernanke and Geithner about the Obama administration's recommendations for a systemic regulator, hedge fund regulation, buyout shop restrictions and limits on executive compensation. The panel will likely consider a White House recommendation to create a mechanism...
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Frank To Question Geithner On Bank Reform PlanRonald D. Orol MarketWatch Pulse WASHINGTON (MarketWatch ) - Treasury Secretary Timothy Geithner is scheduled to take questions Friday from House lawmakers for the first time about key aspects of the White House's regulatory reform proposal released last week, according to a Treasury release on Monday. House Financial Services Committee Chairman Barney Frank, D-Mass., is expected to grill Geithner about the Obama administration's recommendations for hedge fund regulation, buyout shop restrictions and limits on executive compensation. The panel will likely consider a White House recommendation to consider some banks, hedge fund managers, private...
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We do not normally sing the praises of Rep. Barney Frank (D-MA), however, in this instance, he is exactly correct in STRONGLY CRITICIZING Pres. Obama's deliberate decision to ignore constraints in legislation he is signing. The House overwhelmingly REBUKED Obama by a vote of 429 - 2 for Obama's statement at a bill's signing that he would not follows its constraints. At issue is an amendment added to the $106 Billion Supplemental War-Funding legislation signed by Obama last month. During the signing, Obama stated he would not follow the amendment's constraints with respect to the World Bank and International Monetary...
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Congressman Barney Frank wants to prevent unemployed homeowners from losing their houses by giving them government money to pay their mortgages.
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Barney Frank: Online Gambling a RightSpoke in front of 1,700 poker players at the World Series of Poker By Daniel O Jul 07, 2009 Critic of military spending, protector of the environment and legislative leader on behalf of home owners across the United States, Representative Barney Frank (D - MA) visited Las Vegas on Sunday to speak at the World Series of Poker. His message at the event was a hopeful one. The powerful Congress member has kept been fighting against the current ban on online gambling. Two bills sponsored by Rep. Frank - HR2266 and HR2267 - aim to...
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JULY 3, 2009 New Evidence on the Foreclosure Crisis Zero money down, not subprime loans, led to the mortgage meltdown. Article STAN LIEBOWITZ. What is really behind the mushrooming rate of mortgage foreclosures since 2007? The evidence from a huge national database containing millions of individual loans strongly suggests that the single most important factor is whether the homeowner has negative equity in a house -- that is, the balance of the mortgage is greater than the value of the house. This means that most government policies being discussed to remedy woes in the housing market are misdirected. Many policy...
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Financial lobby gears up effort against Obama planBy Silla Brush Posted: 07/02/09 12:35 PM [ET] A coalition of financial services interests is in the process of organizing a major lobbying campaign against the Obama administration's plan for a Consumer Financial Protection Agency. The plans are not yet final, but among the groups and firms in the discussion are the American Financial Services Association, Financial Services Roundtable, Mortgage Bankers Association and Community Bankers Association, according to two industry sources familiar with the plans. The budget could be as high as several millions of dollars to organize grassroots opposition to the plan,...
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Byron York is on to Barney Frank, who’s hand has been caught in the cookie jar, AGAIN. When President Obama announced on June 9 that some financial institutions would be allowed to repay Troubled Asset Relief Program dollars, he said the massively expensive TARP bailout had made money for the federal government. “It is worth noting that in the first round of repayments from these [TARP recipients], the government has actually turned a profit,” the president said. Indeed, TARP supporters have long held out the hope that the program might be profitable.
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BARNEY'S BACKPosted: 3:31 am June 28, 2009 Rep. Barney Frank says that unless Fannie Mae and Freddie Mac relax their recent tightening of mortgage standards on new condominiums, the economic recovery could be threatened. That would be the same Barney Frank who famously boasted that the two federal agencies -- which lost billions by making improvident loans -- were "fundamentally sound financially and [can] withstand . . . disaster scenarios." Then came the disasters. But to Barney Frank, Fannie and Freddie are essentially taxpayer-funded social-service agencies whose mission is to turn all Americans into homeowners -- whether or not they...
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Our favorite Congressman from MA is back in the news again. No, there's not a male escort service operating out of his townhouse this time. That's so 1989. This time, Barney is pushing for, you guessed it, relaxed mortgage standards. Since that worked out so well for our country the first time, Barney wants an encore: Rep. Barney Frank says that unless Fannie Mae and Freddie Mac relax their recent tightening of mortgage standards on new condominiums, the economic recovery could be threatened. That would be the same Barney Frank who famously boasted that the two federal agencies -- which...
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This guy is such a loser and sissy.
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Back when the housing mania was taking off, Massachusetts Congressman Barney Frank famously said he wanted Fannie Mae and Freddie Mac to "roll the dice" in the name of affordable housing. That didn't turn out so well, but Mr. Frank has since only accumulated more power. And now he is returning to the scene of the calamity -- with your money. He and New York Representative Anthony Weiner have sent a letter to the heads of Fannie and Freddie exhorting them to lower lending standards for condo buyers. You read that right. After two years of telling us how lax...
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Frank's wise investing eases stock stingPublished: June 22, 2009 at 11:25 AM WASHINGTON, June 22 (UPI) -- A conservative investment strategy helped shield Rep. Barney Frank, D-Mass., from being bruised by the battered stock market, his financial report indicates. Frank, chairman of the House Financial Services Committee, put his $896,000 investment portfolio largely in state and local municipal bonds, the Boston Globe reported after reviewing the financial disclosure reports of Frank and other lawmakers. "It's not just coincidence -- it's putting my money where my mouth is," said Frank, who has ripped Wall Street for risky financial behavior many blame...
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All hail BarneyWall Streeters court the man from Mass. They have to. He's calling the shots. By Aaron Elstein June 07, 2009 5:59 AM Just about everyone in banking wants to be Barney Frank's friend nowadays. Last week, 600 people, including executives from Goldman Sachs and J.P. Morgan Chase, filled the cavernous National Building Museum in Washington, D.C., for a $5,000-per-table tribute to the chairman of the House Financial Services Committee. He is marshaling legislation that promises to make Wall Street a more regulated and less prosperous place for years to come, and to hear it from some of the...
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BOLEY, OK -- Oklahoma Highway Patrol troopers get into a fight with a paramedic and it is all caught on videotape. The incident happened near Boley in Okfuskee County. In the video, you see OHP troopers pushing the paramedic and grabbing his neck. The fight happened during an emergency call when a patient waiting to be taken to the local hospital was in the back of the ambulance. Officials say OHP troopers became upset after the paramedic failed to yield while the troopers were rushing to a call of their own. The troopers claim the paramedic assaulted one of...
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Rep. Barney Frank to visit LibraryBy Staff reports Fri May 08, 2009, 05:48 PM EDT Lakeville - Congressman Barney Frank will be visiting the Lakeville Library on Saturday, May 16 at 10 a.m. for a meet-and-greet/coffee hour.
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A US ban on online gambling, which has sparked criminal investigations and sent share prices at betting companies around the world plunging, could be eased under legislation to be presented by the House financial services committee. Barney Frank, Democratic chairman of the committee, wants to introduce a licensing regime for online gambling companies that would modify anti-gambling laws under which investigations into executives at companies such as UK-listed PartyGaming were conducted.
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Barney Frank's Rental ReversalApril 21, 2009 BEGIN TRANSCRIPT RUSH: Now, we've got a couple Barney Frank spites here. He's always good for a couple sound bites. We thought about getting a Barney Frank translator in here but that would sorta destroy it. I mean, I can do it myself but sometimes it's better to leave Barney Frank un-translated. He was on Tavis Smiley's show, PBS, last night, and Smiley said, "What did you do today relative to low-income housing?" FRANK: One of the causes of the terrible crisis we had over the last few years, which has given us today's...
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Frank sent messageBY JIM HAND SUN CHRONICLE STAFF Sunday, April 19, 2009 4:49 AM EDT MANSFIELD - About 15 demonstrators holding signs that read "Stop Wasting Our Money" and "Barney Lied" protested against U.S. Rep. Barney Frank outside a Democratic Party breakfast Saturday morning. The demonstrators said they blame Frank, D-Newton, who spoke at the breakfast, for much of the financial crisis gripping the nation's economy, and said they oppose government bailouts of banks. Similar protests have greeted Frank, chairman of the House Financial Services Committee, at other events, including one in Westport last October. Olivier Kozlowski, a Mansfield Republican,...
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Frank is 'Distinguished Champion of Housing Opportunities'April 11, 2009 6:00 AM ACUSHNET — The Massachusetts Association of Realtors (MAR) announced that it has named Congressman Barney Frank, chairman of the House Financial Services Committee, its first "Distinguished Champion of Housing Opportunities." Frank received the proclamation from the association for his tireless work and support for legislation and regulations to ensure a robust and sustainable housing market. MAR made the presentation to the chairman at the New Bedford Area Chamber of Commerce's Annual Congressional Luncheon on Friday, March 27, in Acushnet. "Chairman Frank has long been a leading voice in Congress...
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It all started with a question: “How much responsibility, if any, do you have for the financial crisis?” Rep. Barney Frank (D-Mass) and a conservative Harvard law student debated over how Frank should have handled his role as the House Chairman of the Financial Services Committee. Frank was at Harvard University for a speech at the Kennedy School of Government. Frank said the student wasn’t backing up his claims, invoking some laughter from the crowd, and the student told Frank he wasn’t answering his question. See Video of Harvard Student Takes On Rep. Barney Frank click hereDaily Flag-waver
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WFXT-TV: It all started with a question: "How much responsibility, if any, do you have for the financial crisis?" Rep. Barney Frank (D-MA) and a conservative Harvard law student debated over how Frank should have handled his role as the House Chairman of the Financial Services Committee.
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During an impassioned debate on the House floor Wednesday, Democratic Rep. Barney Frank characterized Republican opposition to the Pay for Performance Act as a manifestation of "a psychological disorder" and compared GOP lawmakers to "kids who have had a toy bear or a security blanket" taken away.
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(2009-03-24) — After Rep. Barney Frank, D-MA, admitted he feared a Supreme Court ruling on homosexual marriage because “that homophobe Antonin Scalia has too many votes on this current Court“, the associate justice called on all Americans to “have patience with Rep. Frank as he struggles with his heterophobia.” “Barney Frank, accustomed as he is to putting like with like, apparently fears things that are hetero…meaning different,” Mr. Scalia said. “Under our Constitution, the judicial and legislative branches are not homo — meaning the same. If the people want to create law about issues not mentioned in the Constitution, they...
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Frank Speaking: A common view of Congress members is that we need to be more financially wise. But I don’t think a lack of wisdom or financial expertise on the part of Congress caused the problem...I don’t know of a bill that said you are now entitled to money that you don’t have to pay back. I think the problem has been that we [the legislature] have lagged too much in responding and we don’t always respond well. Interviewer:"So, how did the crisis happen?" Frank: First, the rating agencies substantially overrated everything and now substantially underrate a lot of things....
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Rep. Maxine Waters defends work with banksThe Los Angeles congresswoman denies having influence over Bush administration officials in the Treasury Department and the issuing of bailout funds to OneUnited Bank. By Richard Simon and E. Scott Reckard 11:11 AM PDT, March 13, 2009 Reporting from Los Angeles and Washington -- Rep. Maxine Waters (D-Los Angeles) today defended her efforts to help minority-owned banks -- including one with ties to her husband - survive the financial crisis, and scoffed at the notion that she could sway the Bush administration's actions. "Although both my supporters and detractors often refer to me as...
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Dirty Money: Rep. Barney FrankBy Kevin Mooney Staff Writer/Commentary 3/12/09 WHO: Rep. Barney Frank (D-MA) WHAT: Frank received the following dirty money: Communication Workers of America (PAC) $2,000 in 2008 cycle, $1,000 in 2006 cycle. Boilermakers Union (PAC) $1,000 in 2008. American Federation of Government Employees (PAC) $1,000 in 2006. International Brotherhood of Electrical Workers (PAC) $10,000 in 2008 cycle; $2,500 in 2006 cycle. WHY IT'S DIRTY: At least eight members, including officers, of these four unions have been convicted since 2001 of felonies ranging from embezzlement, falsifying official reports to government, mail fraud and conspiracy. WILL FRANK GIVE IT...
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Frank adds pressure to bonus investigationMarch 10, 2009 House Financial Services Chairman Barney Frank has joined with New York Attorney General Andrew Cuomo to seek answers on bank bonus pay. New York State has subpoenaed former Merrill Lynch executives and Bank of America Chief Executive Officer Kenneth Lewis concerning bonus checks handed out to employees after the banks received billions of dollars in federal bailout funds. More recently, Frank, D-Mass., and Cuomo sent Lewis a letter demanding the bank immediately disclose information about employees who received bonuses of more than $1 million, The Hill newspaper reported Tuesday. The banks received...
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Let The Inquisition Start With Frank By INVESTOR'S BUSINESS DAILY | Posted Friday, March 06, 2009 4:20 PM PT Oversight: Congressman Barney Frank says he wants some of those responsible for our current financial meltdown to be prosecuted. And we couldn't agree more. First up in the court dock: Rep. Barney Frank, D-Mass. -------------------------------------------------------------------------------- Read More: Budget & Tax Policy -------------------------------------------------------------------------------- Even by the extraordinarily loose standards of Congress, it takes some chutzpah for someone such as Frank to suggest that he'll seek prosecutions for those behind the housing and financial crunch and for what he called "a strongly empowered...
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This was taken off of You Tube due to the liberal media. This link is to the same video, but is routed through Canada.
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Barney Frank accused of cooking books for gay lover Herb MosesBy Angie Anthony on September 26th, 2008 Barney Frank, who is openly gay, had a past romantic relationship with Herb Moses, an executive for Fannie Mae. Barney Frank’s involvement was alleged to have persuaded him to cook the books (finance accounts) for Fannie Mae. The Washington Post reported this story in its Reliable Source column in July 3, 1998. By the time the story broke in The Washington Post, the newspaper admitted that Barney Frank and Herb Moses had broken up. However, this was conflicting as Barney Frank was heard...
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Fannie Mae and Freddie Mac In September 2003, Frank, then the ranking Democrat on the Republican-led Financial Services Committee, opposed a Bush administration proposal for transferring oversight of Fannie Mae and Freddie Mac from Congress and the Department of Housing and Urban Development to a new agency that would be created within the Treasury Department. The proposal reflected the administration's belief that Congress "neither has the tools, nor the stature" for adequate oversight. Frank stated, "These two entities...are not facing any kind of financial crisis.... The more people exaggerate these problems, the more pressure there is on these companies, the...
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A Frank discussionBy Brian P. Nanos Wed Feb 25, 2009, 03:45 PM EST U.S. Rep. Barney Frank talks about the mortgage crisis Feb. 19 in the Scituate High School auditorium. Speaking at Scituate High School Feb. 19, Democratic U.S. Rep Barney Frank was asked whether he would support a commission to assess blame in the run-up to the current financial crisis. Frank, who represents the state’s Fourth Congressional District, which does not include Scituate, had to stop himself before telling the crowd packed into the auditorium that such a commission would be too political. “I would be violating my own...
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Cut the Military Budget--IIBy Barney Frank This article appeared in the March 2, 2009 edition of The Nation. February 11, 2009 I am a great believer in freedom of expression and am proud of those times when I have been one of a few members of Congress to oppose censorship. I still hold close to an absolutist position, but I have been tempted recently to make an exception, not by banning speech but by requiring it. I would be very happy if there was some way to make it a misdemeanor for people to talk about reducing the budget deficit...
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U.S. lawmaker to push repeal of online gambling ban Fri Feb 20, 2009 3:35pm EST By Doug Palmer WASHINGTON (Reuters) - A senior Democratic lawmaker will push legislation this year to repeal a U.S. ban on Internet gambling that has hurt trade ties with the European Union, a congressional aide said. "The bill introduction should happen in the next month," a spokesman for House of Representatives Financial Services Committee Chairman Barney Frank said. On Thursday, Reuters reported the EU could file a complaint about U.S. enforcement of the gambling ban at the World Trade Organization. "Mr. Frank will bring back...
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Barney Frank predicts economic uptick by fallBy Joe Markman Fri Feb 20, 2009, 02:48 PM EST SCITUATE - The economy should see positive effects of the president’s stimulus package by the fall, U.S. Rep. Barney Frank, D-Newton, told a town hall-style meeting Thursday night. In a discussion of the national economy at Scituate High School, Frank compared the stimulus package that President Obama signed into law Tuesday to the New Deal. Frank also said Obama’s $75 billion mortgage relief plan will improve the economic situation by the fall. Speaking in a packed auditorium, Frank talked about financial regulation, limiting home...
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Frank pressing for new rules for Wall StreetBy Reid Wilson Posted: 02/12/09 12:55 PM [ET] House Financial Services Committee chairman Barney Frank (D-Mass.) is reiterating his desire to quickly impose new rules on Wall Street. “There's a whole lot of new financial activity that’s going on that’s caused some damage and done some good. But it’s gone on without rules," Frank said Wednesday evening on MSNBC’s “Rachel Maddow Show.” “And the one thing I am most confident about is we know how to stop this from happening again, banning the bad subprime loans, restricting the excessive kinds of leverage they’ve...
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