Frank focused on reshaping US finance: Congressman relishing pivotal role in overhaul

The Boston Globe reports:

Frank hopes to secure congressional auditing authority over the secretive Federal Reserve, a proposal he describes with phrases - “Ron Paul agrees with that’’ and “secondly, Ron Paul agrees with this’’ - that are jarring coming from a liberal Democrat. He comes close to smiling when describing his narrow alliance with the cranky Texas libertarian and former presidential candidate who is on the committee and whose distrust for the Federal Reserve has led him to propose abolishing the paper money system.

“I am boasting about this,’’ said Frank. “Being chairman of the committee is different than being an individual member. Your job is to try to get public policy that is going to be workable.’’

Barney Frank , the sometime associate of Ron Paul.