Liar.
Who in the press will call him on it?
[Mid-afternoon update]
Nick Gillespie has more thoughts:
Frank is nothing less than a trickster figure in American politics, especially for us libertarians who believe that economic and civil liberties are conjoined at the hip, the Chang and Eng of what makes this miserable world worth suffering through. As the comment above suggests, Frank is as good as it gets on most lifestyle issues (indeed, he even had Reason’s Radley Balko testify about repealing online gambling bans) and yet he’s a real lummox when it comes to economic freedom. His role in the banking and housing crisis is genuinely godawful. Not only did he strongarm mortgage companies to extend more and more credit to shakier and shakier customers, he did so all while denying anything was amiss at the government-sponsored behemoths Fannie Mae and Freddie Mac that literally underwrote the mortgage mess.
And Frank’s at his worst again, now pushing The Mortgage Reform and Anti-Predatory Lending Act of 2009, which critics charge would vastly increase the level of complexity in lending and make it more difficult for low-income borrowers and others to get access to credit.
As a commenter notes, being a lummox on economic freedom is a problem of the Dems in general.