Skip to comments.Barney Frank in Davos says bank reform is coming (Still no investigation of the Banking Queen)
Posted on 01/27/2010 4:19:22 PM PST by Libloather
Frank in Davos says bank reform is coming
Published: Jan. 27, 2010 at 2:31 PM
DAVOS, Switzerland, Jan. 27 (UPI) -- Rep. Barney Frank, D-Mass., chairman of the House Financial Services Committee, said a financial reform bill could be signed into U.S. law within months.
Frank said he was using his time at the World Economic Forum in Davos, Switzerland, to coordinate reforms in other countries.
"I think you're going to see substantial harmonization. That's one of the things I'm pushing here. We're talking to the EU and I'm hopeful we'll end up in the same place," Frank told the Financial Times Wednesday.
Frank said Britain was closest to passing similar reform measures, pointing to support for U.S. initiatives from Bank of England Gov. Mervyn King and Financial Services Authority Chairman Adair Turner.
Frank said he was surprised by the timing, but not the details of President Barack Obama's recent reform proposals, which included a limit on the size of banks and a measure to ban commercial banks from proprietary trading.
"We've been working with (former Federal Reserve Chairman) Paul (Volcker) for most of the year, so I wasn't surprised" by the proposals, Frank said.
Waiting for his next meal.
Pot meet kettle.
Tell us one more time about the financial status of Fannie and Freddie will you Barney, before you sneak back down to the basement.
“wtf state business is this scumbag faggot doing in Davos?”
Selling us out and getting instructions from his masters.
Whether a pot or a kettle, Franks, among others, is desparate need of an investigation into the real estate meltdown in this country.
Well ... at least he doesen't spend all of his time pushing Freddie's Fanny.
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Anyone tell this a##wipe about the Brown victory in his back yard? He must be working really hard to break the laws of this country in hopes of being sent to jail which would be disney world for him.
What America needs most is barney frank reform.