Rep. Barney Frank (D-MA), who chairs the House Financial Services Committeeâ, said today that Sen. Mitch McConnell’s (R-KY) criticism of financial reform is “either willful ignorance or absolute dishonesty.”
On MSNBC, Frank spoke about McConnell’s claim that the Democrats’ financial reform proposal “not only allows for taxpayer funded bailouts for Wall Street banks–it actually institutionalizes them.”
Frank called the claim “the exact opposite of the truth” — and when asked if Republicans were in bed with Wall Street, Frank replied: “Let’s change the metaphor. They are serving Wall Street breakfast in bed.”
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