WASHINGTON (AP) – Democratic Rep. Barney Frank of Massachusetts is expected to announce his retirement from Congress on Monday, closing out a career of more than three decades capped by passage last year of legislation imposing new regulations on Wall Street.
Frank’s office says he will hold a 1 p.m. news conference in Newton, Mass. to make the announcement.
A lifelong liberal, Frank, 71, was first elected to the House in 1980. He was one of the first lawmakers to announce that he is a homosexual.
He is the senior Democrat on the House Financial Services Committee, a panel he chaired when Democrats held a majority for four years beginning in early 2007.
Read more here. For weeks, Politico and other lefty organs have been making happy-talk that the Democrats could win back control of the House in 2012. News like this tells you that ain’t going to happen.
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