WASHINGTON — House Financial Services Committee Chairman Barney Frank said Thursday that to muster the political support necessary to stabilize the financial system with additional government resources, lawmakers are going to have to get tough on bankers.

The Massachusetts Democrat said he plans to bring back, strengthen and quickly pass through the House reforms that failed to reach enactment in the last Congress that would beef up consumer protections in areas like mortgage lending, credit cards and overdraft.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.