Tag Archives | house financial services committee

Barney Frank not seeking re-election in 2012

Washington (CNN) — U.S. Rep. Barney Frank, a prominent 16-term liberal Democrat from Massachusetts and arch-enemy of political conservatives nationwide, announced Monday that he does not intend to seek re-election in 2012. Frank, 71, said his decision to retire from Congress was prompted partly by changes made to the boundaries of his U.S. House district. […]

Barney Frank to Announce He Won’t Seek Re-Election

November 28, 2011 by legitgov ShareThis Barney Frank to Announce He Won’t Seek Re-Election 26 Nov 2011 Longtime Rep. Barney Frank, D-Mass., will announce Monday he is not seeking re-election, holding an afternoon press conference in Newton, Mass., to offer details behind his decision. The 16-term lawmaker, whose name is emblazoned on the banking reform […]

MF Global’s Jon Corzine may decide silence is golden

Jon Corzine’s career seems to turn in circles. The former Goldman Sachs boss moved into politics as governor of New Jersey, then back into finance, now he’s heading back to Washington. Sadly for the former New Jersey governor his return to Capitol Hill will be made in less than auspicious circumstances. Next month, the House […]

Watchdog refers ex-counsel’s dealings with Bernard Madoff to justice department

The US’s top financial watchdog has asked the department of justice to investigate whether its former lead lawyer broke the law in his dealings with convicted fraudster Bernard Madoff. David Becker, former general counsel of the Securities and Exchange Commission, had financial ties with Madoff through an account he inherited with his brothers after his […]