Frank Urges Industry to ‘Accept Reality and Work With Us,’ As He Called for Cooperation on Regulatory Restructuring
July 30, 2009
House Financial Services Committee Chairman Barney Frank. D-MA, called on the financial services industry to work with Congress in crafting a system of regulations that will prevent a recurrence of the financial crisis, saying that Democrats are committed to the task and that changes will happen one way or another. Speaking at a luncheon at the National Press Club in Washington, DC, this week...