Barney Frank to Retire
Says he didn't want to go through tough reelection campaign
By Kevin Spak, Newser User
Posted Nov 28, 2011 9:32 AM CST
Updated Nov 28, 2011 1:05 PM CST
Barney Frank, ranking Democrat on the House Financial Services Committee, participates in the committee's hearing on Capitol Hill, in this March 1, 2011 file photo.   (AP Photo/Jose Luis Magana, File)

(Newser) – Barney Frank has decided not to run for reelection next year, he announced today at a typically feisty press conference in Newton, Mass. “It would have been a rough campaign,” he said, according to the Boston Globe. “I don’t like raising money.” Frank has $760,000 in his campaign coffers, but said he’d need a few million more to compete in his newly redrawn district, which lost the working-class city of New Bedford and gained several conservative towns.

Frank said he’d wanted to announce his retirement last year, but waited for fear of looking weak in Congress. “A funny thing happened on my way to retirement,” he said, according to CBS. “A very conservative Republican majority took over the House... [and] the things I fought hardest for could be in jeopardy.” So what’s next for Frank? “I will neither be a lobbyist nor a historian,” he said, poking fun at Newt Gingrich’s Freddie Mac ties; instead, the 71-year-old will do “some combination of writing, teaching, and lecturing.” The best part? “I don’t have to pretend to be nice to people I don’t like.”

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Showing 3 of 154 comments
joecarrsr
Nov 30, 2011 8:06 PM CST
Best to slip out before the fires start in Nov of 2012. Now Barney can enjoy his Cape Cod summers. I am a native of Massachusetts and I know how great Provincetown can be in the summer.Still remember the wonderful shops and beaches I frequented in the 50's and 60's. You should be able to slide into retirement with ease.Think about it. Provincetown here I come.
2poor
Nov 29, 2011 8:53 AM CST
I detest homosexual folk. Get it straight, newsboy. You wish to decipher that comment as hate. Okay with me in in order you wish to label my disgust with those perverted queers. Now, how does that makek me a liar? can U figure that?
Riffran
Nov 28, 2011 10:01 PM CST
with all the free time he will have, massengill douche stock, should soar