Tag

Barney Frank

All articles tagged with #barney frank

politics3 months ago•7 min saved

Barney Frank’s 1989 Near-Ouster Reminds Congress: Pause, Investigate, Let Voters Decide

An op-ed argues that Barney Frank’s near-ouster in 1989 over his involvement with a male sex worker shows why Congress should pause, adjudicate, and let voters decide rather than rush to force resignations; it contrasts Frank with later cases like Franken, Hill, Studds, Crane, and the Swalwell situation to argue that due process and voter accountability, though imperfect, are a healthier guardrail for ethics in Congress.

via Washington Monthly|

#barney-frank #congress #due-process

politics3 months ago•8 min saved

Pioneering LGBT rights leader Barney Frank Dies at 86

Barney Frank, a longtime liberal Massachusetts congressman and a trailblazer for LGBTQ rights who led the House Financial Services Committee and helped pass the Dodd-Frank financial reform, died at 86 after entering hospice in Ogunquit, Maine. Representing Boston’s suburbs for 32 years, he publicly came out in 1987 and married his partner Jim Ready in 2012, becoming the first incumbent lawmaker to wed a same-sex spouse; his career blended bold activism with pragmatic policymaking, including AIDS funding and efforts to expand LGBT rights while navigating party dynamics.

via Boston.com|

#barney-frank #dodd-frank #lgbtq-rights

politics3 months ago•3 min saved

Barney Frank, pivotal Dodd-Frank architect and LGBTQ rights icon, dies at 86

Barney Frank, the openly gay former congressman who helped lead the post-2008 financial reform era and champion LGBTQ rights, died at 86. He was a key architect of the Dodd-Frank Act, which reshaped banking regulation and created new watchdogs after the financial crisis, leaving a lasting impact on finance and civil rights; memorial services are being planned.

via Axios|

#2008-financial-crisis #barney-frank #dodd-frank-act

obituaries3 months ago•182 min saved

Barney Frank, Architect of Wall Street Reform, Dies at 86

Barney Frank, the influential former Massachusetts congressman who helped shepherd the Dodd-Frank Wall Street reform and other financial protections after the 2008 crisis and who was a leading LGBTQ advocate, died at 86; his tenure included pushing for tougher bank oversight, the creation of consumer protections via the CFPB, and backing the bailout framework for Fannie Mae and Freddie Mac, leaving a lasting mark on banking regulation and public service.

via CNN|

#barney-frank #dodd-frank #fannie-mae-freddie-mac-bailout

politics3 months ago•76 min saved

Barney Frank: LGBTQ rights champion and longtime U.S. lawmaker dies

Barney Frank, a liberal congressman from Massachusetts and a pioneer for LGBTQ rights, has died. Frank served in Congress for more than three decades, leading efforts to advance gay rights and shaping financial reform as a key author and advocate of the Dodd-Frank Act, leaving a lasting impact on American politics and civil rights.

via AP News|

#barney-frank #dodd-frank #gay-rights

politics3 months ago•3 min saved

Barney Frank, LGBTQ Rights Trailblazer and Dodd-Frank Architect, Dies at 86

Barney Frank, longtime Massachusetts Democrat and one of the first openly gay U.S. representatives, died at 86 after hospice care in Maine. A trailblazer for LGBT rights and the first member of Congress in a same-sex marriage, he helped shape post-crisis banking reform through the Dodd-Frank Act.

via BBC|

#barney-frank #dodd-frank-act #lgbtq-rights

politics3 months ago•6 min saved

Barney Frank, LGBTQ rights pioneer and financial reformer, dies at 86

Barney Frank, the longtime Massachusetts congressman and the first openly gay U.S. lawmaker, died at 86 after hospice care for congestive heart failure. Renowned for wit and policy influence, he championed gay rights—from repealing Don't Ask, Don't Tell to expanding protections—and steered major financial reform as chair of the House Financial Services Committee, including the Dodd-Frank Act. He remained politically engaged with a forthcoming Yale University Press book on reforming the left, and he retired in 2013 after redistricting made reelection unlikely.

via WGBH|

#barney-frank #congress #dodd-frank-act

politics3 months ago•7 min saved

Barney Frank: Architect of Post-crisis Reform and LGBTQ Trailblazer Dies at 86

Barney Frank, a longtime Massachusetts congressman who co-authored the Dodd-Frank Act and led post-crisis financial reform while championing LGBTQ rights, died at 86 after a 32-year House career and his 2012 marriage to Jim Ready.

via NBC News|

#barney-frank #dodd-frank #lgbtq-rights

politics3 months ago•12 min saved

Barney Frank Urges Pragmatic Progressives Amid Farewell Interview

Former Sen. Barney Frank, who is in hospice for congestive heart failure, told CNN’s Jake Tapper that progressives should avoid turning sensitive issues like transgender athletes in sports into litmus tests and instead pursue a more granular, pragmatic approach to LGBTQ rights. He criticized the party’s 'flavor of the month' tendencies, warned about GOP-style demagoguery by comparing Maine candidate Graham Platner to Trump, and reiterated the need to work hard to win policy goals, while discussing his new book.

via Mediaite|

#barney-frank #jake-tapper #lgbtq-rights

politics3 months ago•6 min saved

Barney Frank, in hospice, plans a book critiquing the Democratic left

Barney Frank, the former Massachusetts congressman and architect of Dodd-Frank, has entered hospice care in Maine and is preparing a book that repudiates the Democratic Party’s progressive wing, arguing that Democrats must explicitly reject far-left positions to win elections while reflecting on his legacy and continuing to influence policy debates, including his support for Maine Gov. Janet Mills in the Senate race.

via Politico|

#barney-frank #democrats #dodd-frank-act

finance3 years ago•1 min saved

Signature Bank's Crypto Exposure Rises Amid Real-Estate Lending Slowdown.

The Federal Deposit Insurance Corp. announced that New York Community Bancorp’s Flagstar Bank will assume all of Signature Bank’s cash deposits except for those of crypto companies, confirming suspicions that regulators' seizure of Signature Bank was motivated by hostility towards crypto. Barney Frank alleged last week that regulators seized Signature to send a message to get people away from crypto, and it increasingly appears that way. The FDIC denied requiring any buyer of Signature to give up all crypto business at the bank, but Reuters reported otherwise.

via The Wall Street Journal|

#barney-frank #crypto #fdic

finance3 years ago•3 min saved

Barney Frank defends decision to join failed Signature Bank board for financial gain.

Former US Representative Barney Frank, who co-sponsored landmark reforms to banking regulation after the 2008 financial crisis, has defended taking a board seat at recently failed Signature Bank, saying he needed to make money. Frank made about $2 million in cash and stock sales from his work at Signature over the years. He joined the Signature board in 2015 and argued in favor of relaxing the banking regulations that were part of his landmark Dodd-Frank law. Signature Bank collapsed on Sunday, making it the third-largest banking failure in US history.

via Daily Mail|

#banking-regulation #barney-frank #dodd-frank

business3 years ago•0 min saved

Barney Frank's Defense of Joining Signature Bank Board for Financial Gain

Barney Frank, former US Congressman and board member of Signature Bank, defended his role at the bank despite criticism over the bank's involvement with former President Trump. Frank stated that he needs to make money and that he has not violated any ethics rules. The controversy surrounding Signature Bank's ties to Trump has led to calls for boycotts and protests.

via Financial Times|

#barney-frank #business #controversy