Barney Frank Joins Signature’s Board

Presented without comment:

Signature Bank, a New York-based full-service commercial bank, announced today the election of former U.S. Congressman Barney Frank to its Board of Directors, effective today. Frank fills the seat left vacant by the recent passing of Alfred B. DelBello, who had served on Signature Bank’s board since January 2003, and also was Lead Independent Director since December 2011.

Frank served as a U.S. Congressman representing the 4th District of Massachusetts from 1981-2013 and also was Chairman of the House Financial Services Committee from 2007-2011. While in Congress, Frank worked to address America’s spending priorities to reduce the deficit and protect funding for important quality-of-life needs at home. He championed the interests of the poor, underprivileged and vulnerable. Frank won reelection 16 times by double-digit margins. As chair of the House Financial Services Committee, he was instrumental in crafting the short-term $550 billion rescue plan in response to the nation’s financial crisis. Later, Frank co-sponsored the Dodd-Frank Wall Street Reform and Consumer Protection Act, an extensive set of financial regulations aimed at preventing recurrence of the crisis that was signed into law in July 2010. From 2003 until his retirement, Frank was the leading Democrat on the House Financial Services Committee. Prior to serving in Congress, Frank spent eight years as a state Representative in Massachusetts and earlier, served as Chief of Staff to Congressman Michael Harrington and Chief Assistant to Mayor Kevin White of Boston.

Posted by on June 17th, 2015 at 2:23 pm


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