Barney Frank on His Role in the Banking Crisis

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Barney Frank was one of the people most responsible for overhauling financial regulation after the 2008 economic crisis. After retiring from Congress, he supported a change to his own law that would benefit midsize banks, and joined the board of such a bank.

Last week, that bank failed. David Enrich called Mr. Frank and asked him to explain.

Guest: David Enrich (https://www.nytimes.com/by/david-enrich?smid=pc-thedaily), the business investigations editor at The New York Times.

Background reading:


Officials with Signature and Silicon Valley banks, which regulators seized in recent days, had called for looser financial requirements (https://www.nytimes.com/2023/03/13/business/signature-silicon-valley-bank-dodd-frank-regulation.html?smid=pc-thedaily) for midsize banks.
Here’s why people are worried about banks (https://www.nytimes.com/interactive/2023/03/18/business/why-people-are-worried-about-banks.html?smid=pc-thedaily).
For more information on today’s episode, visit nytimes.com/thedaily (http://nytimes.com/thedaily?smid=pc-thedaily). Transcripts of each episode will be made available by the next workday.



أكثر... (https://www.nytimes.com/the-daily)