Barney Frank, former Chairman of US House Financial Services Committee
Tuesday 18 January 2011 - by Nicola York
The former chairman of the House Financial Services Committee can lay claim to kicking off the biggest overhaul of financial regulation in the US since the Great Depression.
Frank became chairman of the FS Committee in 2007 and proved himself by leading the charge to pass the contentious $700bn bailout plan, managing to convince even the reluctant republicans to support the Senate version of the bill, after it had failed in the House.
He was a fierce critic of President Bush and criticised the Bush tax cuts saying the country couldn't afford it.
Born in New Jersey, Frank was elected to the US house in 1980. Once voted most eloquent member of the House by Capitol Hill staffers, Frank is known for being a civil rights campaigner and was one of the first US politicians to come out as gay.
Learn more about the GFS Power 50, a countdown of the most influential people in worldwide financial regulation in 2010.
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