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25 Sep 2009, 11:05 am
Frank Circulates Draft Legislation on Consumer Financial ProtectionHouse Financial Services Chair Barney Frank is circulating draft legislation establishing a new independent federal consumer financial protection agency with power to prohibit unfair and deceptive practices in connection with a consumer financial transaction for a product or service and to mandate disclosure to consumers of the costs, benefits, and risks associated with any financial product or service. [read post]
24 Sep 2009, 7:19 pm
The article also points out that some headway has already been made by the industry, with both Barney Frank and Sheila Bair promising that they would allow commercial enterprises that currently own industrial banks to keep them (although one of Ms. [read post]
24 Sep 2009, 10:38 am
The House Financial Services Committee, chaired by Barney Frank, issued two particularly interesting press releases yesterday. [read post]
24 Sep 2009, 8:44 am
In an attempt to win broader support for emerging legislation to reform the financial industry, House Financial Services Committee Chairman Barney Frank (D-MA) moved to change one of the proposal’s more controversial provisions – the creation of a Consumer Financial Protection Agency (CFPA).The Chairman’s proposed changes include dropping provisions to require companies to offer “plain vanilla” loans and other financial products as… [read post]
23 Sep 2009, 4:55 pm
ANOTHER UPDATE: Politico: Barney Frank Turns Against Acorn. [read post]
21 Sep 2009, 7:00 am
The Fed's efforts, which to a large degree mimic Barney Frank's Bill, would impose on the board far tougher standards than anything that exists at state law. [read post]
18 Sep 2009, 8:19 pm
Quite understandably, Barney Frank has his defenders — even when he takes an action that, at least on the face of it, seems inexplicable to the gay community of which he’s such a vital part. [read post]
16 Sep 2009, 7:10 pm
There’s much to admire about Barney Frank. [read post]
16 Sep 2009, 12:43 pm
Barney Frank of Massachusetts. [read post]
16 Sep 2009, 10:57 am
Barney Frank's position on the bill. [read post]
16 Sep 2009, 7:37 am
So we were pleased to see that the idea may soon be revived, at least according to a Sept. 10 HousingWire report about House Financial Services Committee chair Barney Frank. [read post]
15 Sep 2009, 12:42 pm
As Barney Frank so aptly pointed out, trying to have a conversation with the extreme Right these days is like trying to argue with a dining room table. [read post]
15 Sep 2009, 10:55 am
According to the Wall Street Journal, House Financial Services Committee Chairman Barney Frank (D., Mass.) vowed to work towards pushing legislation through Congress despite the resistance of banks and conservative lawmakers. [read post]
15 Sep 2009, 5:56 am
This is largely attributed to the fact that Senate Banking Chairman Chris Dodd (D-CT) spent the summer months wholly consumed with advancing healthcare reform legislation on behalf of his ailing friend, the late Senator Edward Kennedy (D-MA).Industry insiders predict that House Financial Services Chairman Barney Frank (D-MA) will continue to hold hearings in September, mark up legislation in October, and bring a bill to the House floor by the end of November. [read post]
15 Sep 2009, 4:46 am
Later this week, Barney Frank, Democrat of Massachusetts and the chairman of the House Financial Services Committee, is expected to announce a series of hearings for the coming days before his committee marks up legislation in October. [read post]
15 Sep 2009, 4:16 am
Not only would it allow federal recognition of gay marriages in states that allow them, but it would also let couples married in these states keep their benefits when they travel to states that don't recognize their marriages.Representative Barney Frank has decided not to co-sponsor the bill. [read post]
14 Sep 2009, 1:47 pm
Barney Frank said today that resolution authority would get rejiggered by December; it is turning into a centerpiece of regulatory reform: The government's idea is that it should be able to do to Lehman and other systemically significant financial institution what the FDIC did to Washington Mutual; whip in there, fail the institution, sell it or part of it off quickly, and keep thing going the next day. [read post]
14 Sep 2009, 1:30 pm
We have a host of members of Congress, but there’s one that I have to single out because he is going to be helping to shape the agenda going forward to make sure that we have one of the strongest, most dynamic, and most innovative financial markets in the world for many years to come, and that’s my good friend, Barney Frank. [read post]
14 Sep 2009, 5:53 am
Barney Frank is brushing off as unrealistic a bill that will be introduced by New York Rep. [read post]
14 Sep 2009, 12:44 am
AP, the copyright status of a hypothetical unauthorized Star Wars sequel, and whether it was the Jews or the Greeks who popularized the habit of answering a question with another question (wherein we pit Barney Frank against Socrates). [read post]
