Pisani: Barney Frank Comments a Game-Changer
Rep. Barney Frank, chairman of the House Financial Services Committee, said on our air that he would support bank rule changes—but only over a longer time frame, which he said would be in the range of "three to five years."
This is a major statement and completely changes the tenor of the reform conversation.
The S&P 500, which had been sitting near the lows of the day, rose about 5 points on that news...though still down 15 points on the day.
CNBC Data Pages:
CNBC's Companies in the News:
Berkshire Hathaway (B)
Berkshire Hathaway (A)
Questions? Comments? firstname.lastname@example.org