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DODD-FRANK ARCHITECT TO STEP DOWN
Barney Frank, the Democrat responsible for the Dodd-Frank Act on financial reform, is to retire from Congress next year. Frank, who was first elected in 1980, said new boundary changes and his desire to write and teach more had led to his decision. He is one of the Democrats’ biggest defenders of Wall Street regulation, at a time when many Republicans are pushing to relax financial laws.