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Politics, Banking and Congressional Gridlock: A Q&A with Barney Frank

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WASHINGTON — Rep. Barney Frank, the retiring lead Democrat on the House Financial Services Committee, has always been known for speaking his mind.

But in a more than one-hour interview at his office in Massachusetts earlier this year, he was also surprisingly open, discussing what motivated him to get into politics, his sexual orientation, and the cause of political gridlock in Congress.

While a handful of these remarks were included in an earlier article on Frank's legacy, much of the conversation was left on the cutting room floor. As Frank prepares to leave Congress, we offer an edited transcript of the full interview:

Image: Bloomberg News

Rep. Barney Frank

How did you get into politics?
I was fascinated by the [Joe] McCarthy hearings — I couldn't wait to get home and watch them.

Secondly, I was reading about a kid my age named Emmett Till. A black kid from Chicago — he whistled at or looked at the wrong way a white woman and they killed him. I was outraged. This was my first look into what was going on in America in the south. At that point I became very interested in the '54 elections and thereafter.

I was outraged by racism, outraged about the interference with free speech. I feel strongly about ending discrimination and people being free to express themselves. The economic piece of it evolved but those are the first things that come to mind.

What made you run for office?
I decided I wanted to be in politics and would follow it. For two reasons at that time, I assumed I would never be an elected official

One, I realized I was gay when I was 13 — I didn't tell anybody. This notion that it's a choice. At 13, realizing I was gay was just devastating. I carried on, I didn't dwell on it a lot, but it was not good news.

And secondly, I'm Jewish. One of the things that has evolved in America is that anti-Semiticism is no longer a barrier to getting an elected office, but it was 60 years ago.

So I figured I would be involved in politics as a volunteer, a helper, etc.

I volunteered to go to work for Kevin White. I assumed I would work for him, the election would be over, and I would go back [to law school] — I was supposed to be writing my thesis.

And he won and said he wanted me to come work for him. It changed my life.

In early 1972, the moderate Republican state representative from downtown Boston, Back Bay announced he was retiring. I had moved there when I went to work for Kevin White.

So some friends said, you know there's a vacancy here. It's been a Republican seat but it's changing. People moving in. It was the year of the 18-year-old vote and George McGovern.

And I went back up and I got elected to the legislature.

I figured at that point this will be a good run, I'll be in the state house for a while.

Then in 1980, the Pope ordered Father Robert [Drinan] who was the congressman from the district that was next to mine, I lived in Tip O'Neill's district, not to run again.

And so I said, 'What the hell?' and I ran for that seat.

Did you think you would win?
I thought I had a good chance to win. At first I thought I was going to win — then I thought I wasn't — I was up and down. I always think I'm going to lose when I'm in a tough race — I'm very pessimistic.

Were you worried what would happen when you came out of the closet?
Yeah. Personally, I wondered what would happen if people outed me, and I didn't know what I would do. And I did worry about it.

I came out because I couldn't live closeted. It was a crazy way to live. I couldn't meet people, that's how I got in trouble with that hustler. There's a need for emotional and physical relationships — and it's just very hard.

I thought I would go to Washington and I would be publicly ambiguous, privately I could live as a gay man, but you can't do that, I was too much in the spotlight.

It just was impossible. So I decided that I would come out. And I was worried but I just couldn't live any other way.

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Comments (2)
Frank as senator? NOT!
Barney Frank has built his career and "personal" life on the misery of twelve million Americans who now face foreclosure.
Frank's only regret is that he didn't rip off enough from middle-class taxpayers.
Frank's philosophy is from the "we'll get ours" school of thought.
There is nothing warm and fuzzy about a crooked Marxist who created the real estate housing mess and whose goal was to disenfranchise the American middle class.
Massachusetts voters are sick of the Champagne Socialism Frank represents. As a representative, Frank refers to his constituents as "nobodies" who are "pieces of furniture."
The twelve million Americans who are facing foreclosure want to know when Frank is going to be convicted.
If Frank had the guts to visit the people whose homes he has put into foreclosure, they would SPIT on him.
Posted by libertyfreedom | Saturday, December 22 2012 at 4:55AM ET
The root of the problem is that politicians confuse "shelter" with housing, then seen mortgage finance as a tool to address shelter issues. That bankrupted savings and loans a generation ago and when lending then moved to the capital markets it bankrupted them as well, including Fannie and Freddie.
Posted by kvillani | Wednesday, December 26 2012 at 10:46AM ET
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