March 5, 2009
Who is Barney Frank?
"As Congress grapples with solutions for a faltering economy, Barney Frank sits at the center of power."Thus wrote John Gallagher in The Advocate as our government officials desperately struggled to limit the fallout from the unfolding financial crisis.Gallagher is right. As Chairman of the Financial Service Committee in the US House of Representatives, Barney Frank plays a crucial role in determining in what ways much of the bailout and stimulus money is spent. This is because the committee over which he presides oversees the housing and banking sectors, two industries that are at the center of the current economic crisis. But Frank's power and influence extend beyond his chairmanship of the important Financial Services Committee. Outspoken, smart and forceful, Frank has emerged as one of the heavyweights in the Democrat-led House and as such instrumental in shaping its course and agenda. There are some who think that his behind-the-scenes influence exceeds even that...(Read Full Article)