Barney Franks should be removed from Congress. How can he remain a Chairmen when the failed Bank’s CEOs are steeping. down. They are grilling the CEO which is good…. but how about the congressmen in the Finance Committee, they have some serious explaining to the American Tax Payer

Barnett “Barney” Frank is the chairman of the House Financial Services Committee.
Frank has been outspoken on many civil rights issues, including gay rights. In=2 01987, he spoke publicly about his homosexuality for the first time. He said in a 1996 interview: “I’m used to being in the minority. I’m a left-handed gay Jew. I’ve never felt, automatically, a member of any majority.”

Frank has collected tens of thousands of dollars from Fannie Mae and Freddie Mac in campaign contributions - $42,350 since 1989. Also, Frank’s former boyfriend, Herb Moses, was an executive at Fannie Mae from 1991 to 1998, where he “helped develop many of Fannie Mae?s affordable housing and home improvement lending programs.” The relationship ended around the same time Moses left the company to start a pottery busin ess, and Frank continued support of the companies after the relationship ended.[19] Fox News reported that in 1991, “the year Moses was hired by Fannie, the Boston Globe reported that Frank pushed the agency to loosen regulations on mortgages for two- and three-family homes, even though they were defaulting at twice and five times the rate of single homes, respectively.”[20]

In 1990, the House voted to reprimand Frank when it was revealed that Steve Gobie, a male escort whom Frank had befriended after hiring him through a personal advertisement, claimed to have conducted an escort service from Frank’s apartment when he was not at home. Frank had dismissed Gobie earlier that year and reported the incident to the House Ethics Committee after learning of Gobie’s activities. After an investigation, the House Ethics Committee found no evidence that Frank had known of=2 0or been involved in the alleged illegal activity.[2] Regarding Gobie’s more scandalous claims the report by the Ethics Committee concluded, “In numerous instances where an assertion made by Mr. Gobie (either publicly or during his Committee deposition) was investigated for accuracy, the assertion was contradicted by third-party sworn testimony or other evidence of Mr. Gobie himself.”[3]

The New York Times reported on July 20, 1990 that the House Ethics Committee recommended “that Representative Barney Frank receive a formal reprimand from the House for his relationship with a male prostitute.”[4] Attempts to expel or censure Frank were led by Republican member Larry Craig (who himself was later embroiled in his o wn homosexual scandal) failed.[5][6] Rather, the House voted 408-18 to reprimand him.[7] This condemnation was not reflected in Frank’s district, where he won re-election in 1990 with 66 percent of the vote, and has won by larger margins ever since.