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Barney Frank on His Role in the Banking Crisis

Posted

March 22, 2023

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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.

GuestDavid Enrich () , 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 () for midsize banks.

• Here’s why people are worried about banks () .

For more information on today’s episode, visit nytimes.com/thedaily () . Transcripts of each episode will be made available by the next workday.

Subscribe today at nytimes.com/podcasts () or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

Guests & Subjects Covered

Barney FrankDavid EnrichMr FrankGuest David EnrichSilicon ValleyApple PodcastsSpotify YouThe New York Times

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Barney Frank on His Role in the Banking Crisis · New York Times Podcasts · Sentinel