Fannie and Freddie’s best friend is not running again
Posted by Yorkshire on 2011/11/28
Barney Frank to Announce He Won’t Seek Re-Election
Published November 28, 2011
Longtime Rep. Barney Frank, D-Mass., will announce Monday he is not seeking re-election, holding an afternoon press conference in Newton, Mass., to offer details behind his decision.
The 16-term lawmaker, whose name is emblazoned on the banking reform law that passed Congress last year, had long been rumored to be ready for retirement. He was previously chairman of the House Financial Services Committee but is now ranking member since Democrats lost the majority in the 2010 midterm election.
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