Barney Frank, liberal icon who regulated a ‘too big’ financial industry, dies at 86

of banks and stronger consumer protections to avoid a repeat of the debacle.

He also backed the federal bailout of mortgage giants Fannie Mae and Freddie Mac, which included a line of credit the government sponsored entities could tap, if needed.

“We are putting the money there … saying we know that we’re taking steps so that they’re not going to face continue reading …