Unbiased AI-powered news
Barney Frank, who represented Massachusetts in Congress for 32 years, died late Tuesday at age 86. He was known for his work on financial regulation and LGBT rights.
fortune.comBarney Frank, the longtime Democratic congressman from Massachusetts, died late Tuesday at age 86, according to Jim Segel, Frank’s former campaign manager and close friend. Frank represented broad swaths of Boston’s suburbs in Congress for 32 years before moving to Ogunquit, Maine, with his husband.
He entered hospice there in April with congestive heart failure and is survived by his husband, Jim Ready, and sisters Ann Lewis and Doris Breay, along with brother David Frank.
Born in 1940 in Bayonne, New Jersey, Frank entered politics in 1968 as an aide to Boston Mayor Kevin White before winning a seat in the Massachusetts House in 1972. He was elected to Congress in 1980. Frank joined the liberal Democratic Study Group and worked with then-Speaker Tip O’Neill. He later helped negotiate affordable housing tax credits during a major tax overhaul.
Frank publicly came out as gay in 1987, the first member of Congress to do so voluntarily. With his 2012 marriage to Ready, he became the first incumbent lawmaker on Capitol Hill to marry someone of the same sex. In an April interview as he entered hospice, Frank said he hoped he would be remembered for advocating progressive ideals through conventional political methods.
As chairman of the House Financial Services Committee, Frank helped develop the Dodd-Frank Act, which enhanced consumer protections and imposed new capital requirements for banks. During President Donald Trump’s second term, the administration has worked to roll back many of the legislation’s provisions. Frank remained engaged in politics after leaving Congress in 2012.
Single source — no framing comparison available.
cnbc.comFederal Reserve Governor Christopher Waller said an above-target core inflation reading this week would require the FOMC to consider raising rates soon. He added that several months of cooler data are needed before he would view inflation as clearly declining toward the 2 percent…
middleeasteye.netHome Secretary Shabana Mahmood on 13 July 2026 announced the proscription of Iran's Islamic Revolutionary Guard Corps along with two other groups. Support for the organizations will become a criminal offense carrying up to 14 years in prison. The measures also expand police and i…
globalnews.caFifty-four financial and technology firms have joined a UK government taskforce to develop live tokenization use cases, beginning with tokenized repurchase agreements. The group includes BlackRock, JPMorgan, Goldman Sachs, Coinbase, Ripple, and Circle.