WASHINGTON — To paraphrase the sage philosopher Mel Brooks, it's good to be the chairman of the Financial Services Committee, especially in an election year.
Congressman Barney Frank (D-Mass.) has more than $800,000 in his campaign treasury and an easy re-election race.
Even if the 28-year congressional veteran had a tough race–an unlikely scenario given that his state is one of only four that has an all-Democratic congressional delegation–he has the ability to raise money from businesses and individuals in the financial services community who want to curry favor with him and his committee.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
- Educational webcasts, white papers, and ebooks from industry thought leaders.
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
