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Taking a very clear shot at Newt Gingrich’s stint as a “historian” at mortgage giant Freddie Mac (he was a paid lobbyist, not a historian), Barney Frank said that he “will neither be a lobbyist nor a historian.” Gingrich previously claimed Frank should be jailed for co-authoring the Dodd-Frank financial regulation law.

Mitt Romney went after chief rival Newt Gingrich hard in last week's debate over whether illegal immigrants who have lived in the US for decades should be deported, a position the former Massachusetts governor derided as "amnesty." But it turns out Romney's own stance on the issue has evolved quite a bit over the years.

In a 2006 interview with Bloomberg resurfaced by Business Week, Romney said that longtime residents "are not going to be rounded up and box-carred out."

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U.S. District Judge Jed Rakoff has rejected a $285 million settlement between the SEC and Citigroup over claims that the company misled investors through its sale of mortgage-backed securities. Rakoff wrote in the opinion that in this case, “there is an overriding public interest in knowing the truth.”

Influential conservative commentator Erick Erickson today picked up on the DNC’s new ad against Mitt Romney (see our coverage of the ad here). Using the tagline “Mitt vs. Mitt,” it depicts Romney as a flip-flopper by juxtaposing sound bites of Romney taking both sides on issues like abortion and health care reform.

Erickson’s take: The Obama campaign already knows Romney will be the nominee, but they can weaken him if they can drag out the GOP primaries, keep conservatives weary of Romney, and brand him early on as a flip-flopper.

One factor in the New Hampshire Union Leader’s decision to endorse underdog Newt Gingrich over Mitt Romney: money. Specifically, Romney’s massive investment fortune.

“I think — and this is crazy, but so are we — that Gingrich is going to have a better time in the general election than Mitt Romney,” publisher Joe McQuaid told FOX News. “I think it’s going to be Obama’s 99% versus the 1%, and Romney sort of represents the 1%.”

Gingrich has his own vulnerabilities in this area as well, namely his consulting work for big corporate clients and his huge credit lines at Tiffany’s, but McQuaid’s line is a nod to a tough attack that Romney hasn’t had to deal with much in the primary but will definitely come up in a general election., citing various media sources, reports that Barney Frank will not seek reelection.

CNN has confirmed the news, citing a statement from Frank’s office, but did not post the text of his statement. National Journal reports that Frank will make the announcement at the Newton City Hall this afternoon.

This is a developing story, and TPM is working to confirm the news.

The BBC has a useful interactive graphic to illustrate how much GDP has grown — or contracted — since the launch of the euro. See it here.