I’m not going to be coy. It’s not something I’ve ever been good at. I’ve told the governor that I would now like frankly to do that because I would like to be a part of that. It’s only a three-month period; I wouldn’t want to do anything more. I don’t want to run again…Coach, put me in!Barney Frank isn’t opposed to becoming Massachusetts’ temporary senator after John Kerry leaves his post, while they start looking for the next guy. Please, let this happen!
Respect for the principles of democracy; respect for the states to make decisions on matters that primarily affect the residents of those states; the chance to conserve scarce federal financial resources — these we believe are many strong reasons for you to defer to the state decisions.Rep. Barney Frank and Rep. Ron Paul • In an open letter to President Obama, asking that his administration not interfere with recently passed ballot measures that legalized the recreational usage of marijuana in Washington and Colorado. The retiring House members have both long been advocates of reforming existing drug laws, and have repeatedly introduced federal decriminalization legislation in the past. The Department of Justice and Drug Enforcement Agency have remained relatively mum on the new laws, outside of signaling disapproval, though many expect to hear some word on the federal government’s stance in the days and weeks ahead. source
There was a unanimous decision in the drafting committee to include it in the platform…everybody was for it.Retiring Rep. Barney Frank • On the inclusion of gay marriage as part of the official Democratic Party platform. The 15-member Democratic Party platform draft committee unanimously approved language supporting marriage equality, and according to Frank, a member of the committee, the vote wasn’t even close. The draft still has to be approved by the full platform committee, which meets in two weeks; then, delegates at the Democratic National Convention will have to vote in favor of it it. Huffington Post, which talked to two sources on the matter, claims that “the deal is more or less final.” Reacting to the news, the president of the National Organization for Marriage said that Democrats “can kiss the presidential election, the House and now the Senate goodbye.” What do you think—will this help or hurt Democrats in November? source (via • follow)
It was no different than any other wedding I’ve attended when you have two people who are in love with each other.Texas Rep. Al Green • On going to the wedding of Rep. Barney Frank and his longtime partner, James Ready, on Saturday. Current Massachusetts Gov. Deval Patrick officiated the ceremony, noting (jokingly) that the couple vowed to love one another through Republican and Democratic administrations alike. Though Frank is usually very media-friendly, the soon-to-retire congressman kept his wedding private. “We’re not doing any media today,” he told Reuters. Good for them!
The argument that financial institutions do not need the new rules to help them avoid the irresponsible actions that led to the crisis of 2008 is at least $2 billion harder to make today.Rep. Barney Frank • Discussing a $2 billion trading loss that JPMorgan Chase had suffered recently as the result of a misguided hedge fund strategy. Frank, whose Dodd-Frank financial reform law has come under scrutiny by the banking industry for being too restrictive, is using this as an opportunity to argue against loosening the standards — pointing out that the company argued it was going to lose $400 to $600 million from the regulations. ”In other words, JPMorgan Chase, entirely without any help from the government has lost, in this one set of transactions, five times the amount they claim financial regulation is costing them,” Frank said.