Frank: Credit rater wrong on future bailouts

Rep. Barney Frank (D-Mass.) laid into Standard & Poor’s Thursday, after the credit rating agency issued a report questioning whether the Dodd-Frank financial reform law really ended bank bailouts. In a letter sent to the president of the agency, Frank said he should “reconsider your apparent decision to diversify into legislative analysis and political prognostication.”

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3d rendering of a row of luxury townhouses along a street

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