DNC: "Economy Would've Gone Straight In The Toilet If Not For Barney Frank"
Democratic National Committee spokesman Brad Woodhouse says retired Congressman Barney Frank (D-MA) has been "so vital to the country [with] what he’s done over the past several years." This audio and transcript is from The Radio Equalizer.
BRAD WOODHOUSE, DNC SPOKESMAN (4:27): He’s [Barney Frank] been so vital to the country at what he’s done over the past several years, especially after the president [Obama] got into office. He was chairing the committee that was working with Senator Dodd that set up these consumer protections, which incredibly Republicans are fighting.
For some reason Republicans think that protecting consumers from the type of greed that went on during the financial collapse, the type of tricky trades and and and ah risky business that led to so many people losing their livelihoods. They [Republicans] want to block the consumer financial protection bureau, hopefully the President will and Senate Democrats will overcome that.
BILL PRESS: But that wouldn’t exist without Barney, he was the champion of that from the beginning.
BRAD WOODHOUSE: Would not have exited. Look in fact the economy would have gone straight in the toilet if not for Barney Frank and his leadership.
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