Former Rep. Barney Frank, (D-MA), discusses President Obama's budget for 2015 where he plans on eliminating tax breaks tied to the wealthy. Frank also weighs in on job creation and income inequality.» Read More
Rep. Barney Frank, a Massachusetts Democrat, defended JPMorgan from the recent lawsuit brought against it related to alleged fraud at Bear Stearns on CNBC’s "Closing Bell" Wednesday.
BOSTON-- The law that governs the nation's fisheries was passed 36 years ago to oust foreign boats working in U.S. waters. The law has become "an impediment to keeping the fishing industry alive," said Scituate fisherman Frank Mirachi.
A range of regulatory failures caused the financial crisis in 2008, and the Dodd-Frank Act will not prevent a future financial crisis, two bank executives told CNBC's "Squawk Box" on Wednesday.
Now's not the time to talk about breaking up the banks, Rep. Barney Frank (D-MA), told CNBC’s “Closing Bell” on Thursday. Frank was responding to former Citigroup CEO Sanford Weill’s call on Wednesday to separate commercial banks from investment banks.
Rep. Barney Frank, (D-MA), asks JPMorgan CEO Jamie Dimon why he thinks the derivatives business should be exempted from further regulation.
House Republican attempts to blunt Dodd-Frank's regulatory requirements on derivatives would remove transparency and "allow these prices to continue to be secret," Rep. Barney Frank told CNBC Thursday.
Two bills are making their way through congress that could substantially change how derivatives are regulated. Massachusetts Democrat Barney Frank discusses how the bills could gut key regulations from the Dodd-Frank Act.
WNBC's Jonathan Dienst reports on liberal Massachusetts democratic congressman, Barney Frank leaving Capitol Hill, with CNBC's Eamon Javers.
In September 2011, Bank of America announced that it would charge customers a monthly fee of $5 for debit card use. Consumers may be unhappy with the decision, but they’re already paying fees on their credit and debit cards all the time. Here are some things to watch out for to avoid paying extra fees on credit and debit cards.
Rep. Barney Frank opposes the part of the Obama jobs plan changing the tax-exempt status of income from municipal bonds, saying it would hurt the states and cities the job-creation measure intends to help.
In a rare display of bipartisanship, both Republicans and Democrats appear to believe that the Fed needs reforming. But they disagree on what exactly the problem is.
Today marks one year since the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 was signed into law. One year since Rep. Barney Frank and former Senator Chris Dodd chose to ignore our concerns that this bill would stifle the recovery, harm job creation and crush Main Street America.
Rep. Barney Frank, (D-MA), and CNBC's Eamon Javers discussing problems in getting the debt reduced and balancing the budget.
Rep. Barney Frank (D-MA) and CNBC's Eamon Javers discuss a bill introduced by Frank and Ron Paul (R-TX) that would remove marijuana from the list of federally controlled substances.
If the U.S. Congress hadn't approved the military operations in Iraq or Afghanistan during the Bush presidency there wouldn't be the need to raise the debt ceiling now, U.S. Rep. Barney Frank told CNBC Wednesday.
Rep. Barney Frank (D-Mass.) discusses his legislative proposal to remake the Federal Reserve. Because setting rates is a public function, Rep. Frank believes regional members should be elected, not hand picked by people in the financial industry.
Should big banks jack up fees, Rep. Barney Frank, (D-Mass.), told CNBC Friday that he would urge bank customers to shop around and find community banks and credit unions that offer services for free.
Despite almost universal recognition that the failures of the credit ratings agencies to perceive and disclose the risk in asset-backed securities played a pivotal role in setting the stage for the financial crisis, they’re still an integral—and legally mandatory—part of our financial system. They’re so influential, in fact, that they can effectively veto efforts to regulate them.