Frank: Rotten System Needs Risk Retention

Rep. Barney Frank (D-Mass.) says that risk retention is necessary to keep tabs on lenders and to ensure a “rotten system” is checked and balanced. (1:00)

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Bernanke: Wall Street Reform Bill Could Prevent Future Economic Disasters

Ben Bernanke, Chairman of the Board of Governors of the Federal Reserve System, says that the Dodd-Frank Wall Street Reform bill could prevent future financial crises. (0:29)

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Dodd's Proposed Consumer Protection Agency Has "Unlimited Scope"

Chris Stinebert, President of the American Financial Services Organization, says that the Consumer Federal Protection Agency, proposed by Senate Banking Committee Chairman Christopher Dodd (D-Conn.), is "unlimited in scope and authority." (0:20)
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Barney Frank: Markup Of Investor Protection Act Will Begin Wednesday

Chairman of the House Financial Services Committee Barney Frank (D-Mass.) says debate and markup of the Investor Protection Act will begin Wednesday. He says he wants to allow plenty of time for this bill to prevent any members using time allowance as an excuse to not vote on the legislation. (0:23)
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Barney Frank: New Derivatives Bill Will Encourage Big Banks To Join In Market Exchange

House Financial Services Committee Chairman Barney Frank (D-Mass.) says if the combined derivatives bill becomes a law it will encourage large financial institutions to join into an exchange market. He says the AIG situation, where derivative trading caused problems, will be covered under their bill. (0:32)
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GOP'er Bachus Wants "Deliberative" Debate On Frank Finance Proposal

House Financial Services Committee Ranking Republican Rep. Spencer Bachus (R-Ala.) calls finance legislation sponsored by committee chair Rep. Barney Frank (D-Mass.) the most "far reaching, significant reform of our financial system since the Great Depression." He then says however, that debate over the proposal should be "deliberative and not hurried." (0:33)
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Frank's Proposal Would Ensure "Orderly Demise" Of Failed Firms Says Geithner

Treasury Secretary Tim Geithner says that the finance reform legislation sponsored by House Financial Services Committee Chairman Rep. Barney Frank (D-Mass.) ensures the "orderly demise, not the survival" of financial firms that fail in the future. (0:26)


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Geithner Credits Stimulus With Helping Americans Save More

Treasury Secretary Tim Geithner says Americans are "saving more," that "exports are expanding" and that America is "borrowing much less" now as a direct result of the $787 billion stimulus plan in the Recovery Act. (0:28)
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Geithner Says Frank's Bailout Proposal Has No Govt Guarantee For Troubled Firms

Treasury Secretary Tim Geithner says that House Financial Services Committee Chairman Rep. Barney Frank's (D-Mass.) bailout legislation does not provide a government guarantee for troubled finance firms. (0:17)
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Geithner Calls Current Financial Rules "Inadequate and Outdated"

Treasury Secretary Tim Geithner calls the current system of financial rules "inadequate and outdated" during testimony before the House Financial Services Committee. Geithner expressed his support of Committee Chairman Rep. Barney Frank's (D-Mass.) proposal to force wealthy corporations to pay for future bailouts of large financial firms. (0:13)
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Federal Bank Regulators Not Doing Their Job Says Frank

House Financial Services Committee Chairman Rep. Barney Frank (D-Mass.) discusses how federal bank regulators have not been fulfilling their responsibilities to consumers. (0:33)
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Rep. Frank Defends Anti-Discrimination Legislation

Defending the transgender community, Barney Frank (D-Mass.) speaks at the committee hearing for, H.R. 3017, the Employment Non-Discrimination Act. Frank says, “Let me just say to my colleagues. There’s nothing to be afraid of. These are our fellow human beings. They’re not asking you for anything other in this bill, for the right to earn a living. Can’t you give them that. If you don’t like them and don’t want to be friends I think your missing on something, but that’s your choice." (:46)
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Frank: We Need Financial Regulation That Benefits "Normal Humans"

Rep. Barney Frank says, “We need to regulate for normal human beings and that’s what we hope to do. We think it’s important for there to be both regulatory structures that provide focused responsibility for the right kind of regulation and the appointment of individuals to do it.” (0:30)
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Frank Laments New Meaning Of TARP

Rep. Barney Frank (D-Mass.) says he longs for the "good ole days when I thought TARP is what you used to cover up the infield whenever it was raining." Frank made the remark during a discussion of financial regulatory reform at a National Press Club luncheon. (0:05)
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Frank Admits Past Housing Legislative Mistakes, Proposes TARP For Main Street

Rep. Barney Frank (D-Mass.) admits the government initially did too much to put lower income people into housing, but says the proposed "TARP for Main Street" program will help communities purchase foreclosed homes (0:43).
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America's Future Now Radio Row: Rep. Barney Frank

Talk Radio News Service's Washington Bureau Chief talks to Rep. Barney Frank (D-Mass.) about the current economic crisis. (4:16)
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Foster: Barney Frank is not going to give up power to the French

by Christina Lovato, University of New Mexico-Talk Radio News Service


Today at a discussion titled, “The Implications of the G-20 Summit for the Political Sovereignty and Economic Freedom of the United States,” J.D. Foster, a senior fellow in the economics of fiscal policy at the Thomas Roe Institute for Economic Policy Studies of the Heritage Foundation, spoke about the upcoming G-20 summit in April and how France's President, Nicolas Sarkozy is suggesting that Europe take the lead of the country and the United States follow. Foster said that Barney Frank (D-Mass.) would not allow that to happen. (01:09)
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Frank calls for more regulation in financial markets

By Michael Ruhl, University of New Mexico - Talk Radio News Service

Today in a hearing House Financial Services Committee Chairman Barney Frank (D-Mass.) said that the federal government must help to bring about regulations in financial institutions which presently are operating unrestrained in the free market. Frank emphasized that these moves are not about "diminishing the role of the private sector as a wealth creator," but is about placing safeguards on newly developed market entities. (01:44)
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Congress will not grant more TARP funds until the Treasury Department stalls foreclosures

Speaker of the House Nancy Pelosi (D-Calif.) says that she has been working with Rep. Barney Frank (D-Mass.) to create legislation that would only give the Treasury Department the second half of TARP funds when the provisions of the law, namely the requirement to provide aid to those suffering from the housing crisis, are met (0:20).

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Allowing car companies to go under would be "unmitigated disaster"

House Financial Services Committee Chairman Rep. Barney Frank (D-Mass.) gives reasons why Congress cannot allow the U.S. car companies to fail. (1:05)
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