Monday, November 28, 2011

Barney Frank not running for re-election

A little gift from heaven today.

Democratic Rep. Barney Frank of Massachusetts does not intend to seek re-election in 2012, his office said Monday, closing out a career of more than three decades in Congress capped by last year's passage of legislation imposing new regulations on Wall Street.

Frank, 71 and a lifelong liberal, won a House seat in 1980 was one of the first lawmakers to announce that he is gay. He scheduled an early afternoon news conference in Newton, Mass., to make a formal announcement of his retirement plans.

Sixteen other Democrats have announced plans not to seek new House terms in 2012, compared with six Republicans.