Barney Frank on His Role in the Banking Crisis
Update: 2023-03-22
9
9Description
Barney Frank was one of the people most responsible for overhauling financial regulation after the 2008 economic crisis. After retiring from Congress, he supported a change to his own law that would benefit midsize banks, and joined the board of such a bank.
Last week, that bank failed. David Enrich called Mr. Frank and asked him to explain.
Guest: David Enrich, the business investigations editor at The New York Times.
Background reading:
- Officials with Signature and Silicon Valley banks, which regulators seized in recent days, had called for looser financial requirements for midsize banks.
- Here’s why people are worried about banks.
For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
Barney Frank is married toa man. Does he call him "wife"? Your reporter did.