‘Most Powerful’ Openly Gay Politician Announces Retirement

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Representative Barney Frank said on Monday that he will not seek re-election in 2012.

Democratic Representative Barney Frank of Massachusetts announced Monday that he will not seek re-election in 2012, ending a 32-year career in the House.

Frank, the top Democrat on the Financial Services Committee, will leave a political legacy most likely highlighted by the sweeping Wall Street regulatory reform that he drafted with former Senator Chris Dodd (D-Conn.) which was enacted last year. The Dodd-Frank bill clamped down on lending practices and expanded consumer protections in an effort to prevent a repeat of the 2008 economic meltdown.

The 71-year-old Congressman has also been recognized as the Nation’s most powerful openly homosexual elected official. Frank was involved in a scandal two decades ago when he used his Congressional status on behalf of a male prostitute whom he had employed as a personal aide.

“I should have known better. I do now, but it’s a little too late,” Frank said at the time, according to The Associated Press.

Frank’s retirement announcement will create a scramble among Democrats to replace the longtime Massachusetts lawmaker as the ranking member on the Financial Services Committee. Representative Maxine Waters (D-Calif.) is technically next in line as the ranking member on that committee.

Sam Rolley

Sam Rolley began a career in journalism working for a small town newspaper while seeking a B.A. in English. After covering community news and politics, Rolley took a position at Personal Liberty Media Group where could better hone his focus on his true passions: national politics and liberty issues. In his daily columns and reports, Rolley works to help readers understand which lies are perpetuated by the mainstream media and to stay on top of issues ignored by more conventional media outlets.