Barney Frank Admits Using Clout for Fannie Mae Job

Thursday, 26 May 2011 02:47 PM

By Dan Weil

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Rep. Barney Frank, D-Mass., is embroiled in controversy again. He acknowledged to the Boston Herald Wednesday that he assisted his ex-lover in obtaining a plumb job at Fannie Mae in the early 1990s.

Barney Frank,Fannie Mae,Tory Mazzola,NRCC,mortgage,Financial Services Committee
Barney Frank
During that time Frank was a junior member on the House Financial Services Committee, which oversaw the government’s mortgage market titan.

However, Frank doesn’t see any ethical problems with his action. Calling it a potential conflict of interest is “nonsense,” he said.

“If it is [a conflict of interest] then much of Washington is involved” in conflicts, Frank said.

“It is a common thing in Washington for members of Congress to have spouses work for the federal government. There is no rule against it at all.”

Not everyone buys Frank’s reasoning.

“Just when you think you’ve heard the worst, Democrats in Massachusetts take shameless politics to a new low,” Tory Mazzola, spokesman for the National Republican Congressional Committee, told the Herald.




© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Mali's Islamists Withdraw Cease-Fire Pledge

Friday, 04 Jan 2013 13:06 PM

Tens of thousands of Fatah supporters rallied in the Hamas stronghold of Gaza on Friday for the first time since they we . . .

Fmr. CIA Director Hayden: Iran Nuclear Crisis Gets 'Scarier'

Tuesday, 17 Jul 2012 18:11 PM

 . . .

Join Fmr. CIA Director for Special Iran Briefing, Assess the Danger

Friday, 13 Jul 2012 12:27 PM

 . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved