Barney Frank's Retirement Weakens the Cause of Dodd-Frank

Congressman Barney Frank, chairman of the financial services committee, and Christopher Dodd, chairman of the US Senate committee on banking, housing and urban affairs

Barely more than two years after the landmark Dodd-Frank financial reform bill was signed into law, both of the men who attached their name to it will be out of Congress.

Barney Frank today announced that he would not seek a 17th term as representative from Massachusetts' 4th congressional district. Chris Dodd, a five-term senator from Connecticut, retired last year.

Dodd, 66, served 36 years in the Congress, first as a Connecticut representative and, starting in 1980, as a senator. Frank, 71, w

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