I'd like to say not a moment too soon, but actually, this is several moments, several moves, too late;
Rep. Barney Frank (D-Mass.) will announce Monday that he is not seeking reelection, ending a 32-year career in the House.Frank, 71, is the top Democrat on the Financial Services Committee and the architect, with former Sen. Chris Dodd (D-Conn.), of the sweeping Wall Street regulatory reform law enacted in 2010...His legislative legacy is likely to be the Dodd-Frank financial reform bill that passed in 2010 in the wake of the Wall Street meltdown that sent the economy into a tailspin in 2008. Hailed by the Obama administration, the law has drawn sharp criticism in the Republican presidential nomination fight, and one leading contender, former Speaker Newt Gingrich (R-Ga.), even suggested that Frank be jailed, along with Dodd, for their support of the mortgage giants Fannie Mae and Freddie Mac in the lead-up to the financial crisis.
A crisis of his making (in significant part), with a 'cure' of his making, is sure to drive more problems in the future. Sure, the guy had a quick wit, but he does not deserve praise for his supposed brilliance. He was part of the problem in the financial mess the country finds itself in now.