With his announcement yesterday that he will not seek another term in congress, let’s take a look back at the legacy of Barney Frank.
First, let’s review the overall picture of the roadblocks the Democrats put up against reform of Fannie and Freddie:
Next. A reminder that the Bush administration and congress tried to reform the GSE’s but were blocked by Frank and Schumer:
Finally. A 2010 campaign ad that zings Frank in his own words:
Thanks Barney. Your legacy as one of those responsible for the second largest financial meltdown in history is preserved.