Former Massachusetts Congressman Barney Frank returned to Washington, D.C., Wednesday to testify before the House Financial Services Committee about the Dodd-Frank financial reform legislation, four years after it became law.
Frank testified before a committee he once chaired and in a room that now bears his portrait.
The committee sought to “examine its impact on our capital markets, the American economy and our citizens more generally,” said Republican Representative Jeb Hensarling, chairman of the committee.
Frank was the only person testifying in favor of the law, while four others offered testimony against the 2010 legislation.
“I think we are about to see the fourth anniversary of your party being in control of the House and not doing anything about this problem that you say is such a serious one,” Frank said at one point to Hensarling on the issue of Fannie Mae and Freddie Mac.
Some members of the committee welcomed Frank’s brief return to Washington.
“I’ve had your portrait hanging over me for just about a year now,” Representative Maxine Waters said during the hearing, adding that she’s concluded “just seeing Barney Frank, without hearing him, is no Barney Frank at all.”
Watch video of today’s hearing.Matt Viser of the Globe staff contributed to this report.