

The question is - what are the issues that people may differ on? “Was it time for ‘young blood’ when Senator Kennedy was doing all those great things in his last seven or eight years? I mean that’s just silly. “Metaphors get in people’s way - why is it time for ‘young blood’? “What are we talking about, transfusions?” he said. When challenged by radio co-host Anne Mostue about the desire for “young blood” and “fresh voices,” Frank responded with a sarcastic barb. “I very much regret the notion that liberals should take some of the energy and some of the money that we need to try and take back the Congress and spend it on these kinds of internal fights - I cannot think of any issue on which people could legitimately challenge Mike Capuano from the left,” Frank added. He later called Pressley’s decision to primary a fellow Democrat like Capuano as “politics at its most egotistical.” “For someone to run against Mike Capuano - who has an absolutely perfect record from the standpoint of the liberal values, he’s a tough guy, he fights hard - I’m not surprised that my former colleague Maxine Waters is going to be campaigning for him,” Frank said. “When you have a change-maker like Ayanna, it shakes the ‘old-boy party’ to its core, and it needs to be shaken up, now more than ever.” The video also includes various district residents expressing their discontent with “some of the old-guard Democratic Party that have not been excited about Ayanna, but then again, they disappointed me when they weren’t excited about Deval Patrick or Maura Healey. “Our democracy is being dismantled every day, our civil rights - our very humanity - it seems at times we’re at a deficit of empathy.” “You sign the right letters, you show up at the rallies, you say the right things - but these times require and demand more than being an ally,” Pressley said. The four-minute video, published February 21, never mentions Capuano, but Pressley at one point tells viewers that “being an ally is easy.” The video mentions Pressley’s status as the first woman-of-color elected to Boston City Council in its then-106-year history. Representative Joseph Patrick Kennedy II and former U.S.
#Barney frank young professional#
In her campaign launch video, Pressley introduced her slogan - “Change can’t wait” - and described her professional history working for former U.S. Pressley, an African-American, has served on Boston’s city council since 2010. Prior to claiming the seat, Capuano served as mayor of Somerville, beginning in 1990. The 66-year-old Capuano, with nine terms under his belt, has served in the United States House of Representatives since 1999. “When Mike Capuano retires, it would be very good for other people to run.”Īn email and a voicemail left Thursday afternoon with Pressley’s campaign spokesman were not immediately returned. “That money energy that should be spent on trying to take back the Congress is spent on internal fights.

House of Representatives from 1981 until 2013, added. “The last thing liberals need at this point is to have fights,” Frank, who served in the U.S. Herald wire services contributed.Massachusetts U.S. Pushed by the Trump administration with bipartisan support in Congress, the law exempted banks with $100 billion to $250 billion in assets - Silicon Valley’s size - from requirements that included regular examinations of how they would fare in tough economic times, known as “stress tests.” Yet excluding volatile food and energy costs, so-called core prices rose 0.5% in February, slightly above January’s 0.4% gain, AP added.Ĭreditors of SVB’s parent company have formed a group in anticipation of a potential bankruptcy filing, the Wall Street Journal reported.įrank’s legislation - the Dodd-Frank act boosting government oversight of banks following the 2008 financial crisis - is also being blamed for softening bank regulations. Prices increased 0.4% last month, just below January’s 0.5% rise. consumer price increases eased slightly from January to February but still pointed to an elevated inflation rate, the Associated Press reported Tuesday. He said the real culprit is the “explosion in inflation” and the Biden administration’s policies and what it has done to bonds. “None of us know, but the signs are not encouraging for regional banks.” “The risk could be a lot bigger than just SVB,” he said. Steve Cortes, a former Trump economic adviser, said Frank could be dead wrong.
