OK, the Massachusetts Democrat simply said he's retiring. But that's what retirement means for elected officials: it's time to cash out. Make bank.
A few thoughts on the departure of the man who orchestrated so much of our housing crisis.
This means Rep. Maxine Waters is in line to be top Democrat on House banking. They share the same political philosophy but whereas Frank was one of the smartest and wittiest members of Congress, Waters is one of the most shockingly stupid. Which one will do more damage?
The district he represents was just actually made more Democratic in redistricting.