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Barney Frank joins a bank

By Timothy P. Carney
Published June 18, 2015 6:46pm ET
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Barney Frank joins a bank
Former House Financial Services Committee chairman Barney Frank, D-Mass., greets former colleagues prior to testifying before the House Financial Services Committee July 23, 2014 on Capitol Hill in Washington, D.C. Frank testified during the committee's hearing on 'Assessing the Impact of the Dodd-Frank Act Four Years Later.' (Photo by Win McNamee/Getty Images) | Win McNamee

“Believe it or not,” declares the headline at a financial news website Housing Wire, “Barney Frank set to join a bank board.”

I believe it. The only surprising thing about Frank’s election this week to the board of New York-based Signature Bank is that it took this long for the former Financial Services Committee chairman to land a job in banking.

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