**Media Advisory** Waters Announces Barney Frank to Testify on Namesake Law
Ranking Member invites former Chair to discuss Dodd-Frank Wall Street Reform Act
Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the Financial Services Committee, announced that former Chairman Barney Frank (D-MA) will return to Congress this Wednesday to testify at a hearing to assess “the Impact of the Dodd-Frank Act Four Years Later.”
“For 20 years, Barney Frank and I worked together closely on the Financial Services Committee, but never more closely than during Wall Street Reform,” said Waters, top Democrat on the panel.
“I’m pleased Barney has agreed to return to the Committee on the four-year anniversary of Dodd-Frank, to discuss significant progress we have made in protecting consumers, reining in Wall Street and preventing another financial crisis. I look forward to joining him to refute Republican misrepresentations about the origins of the crisis and the impact of Dodd-Frank,” she added.
Waters invited Frank to testify, and he accepted, late last week. Frank will be the sole Democratic witness at the full Committee hearing. Republicans, who only allow Democrats to invite one individual, have secured four witnesses for the hearing.
The hearing will be held on Wednesday, July 23 at 10:00 AM in 2128 Rayburn House Office Building.
As the Chair of the Committee in 2010, Frank led the House effort to enact comprehensive Wall Street reform following the economic crisis. He retired in 2012.