Barney Frank To Announce He Will Not Seek Re-Election To Congress

Barney Frank, the controversial Massachusetts congressman whose name will continue to be election-year fodder as co-author of the “Dodd–Frank Wall Street Reform and Consumer Protection Act,” is expected to announce on Monday, in Newton, Mass., that he will retire from politics and not seek re-election in 2012.

Frank will hold a press conference at 1 p.m. (you can watch it here live), and is expected to answer questions from the press at that time on his decision.

In office since 1980, Frank will retire after his 16th term in Congress.

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