Rep. Barney Frank, D-Mass., said the U.S. government should let Goldman Sachs Group Inc. and JPMorgan Chase & Co. pay back their funds from the Troubled Asset Relief Program, the Financial Times reported Friday.

In an interview, the chairman of the House Financial Services Committee said that if President Barack Obama's administration denies Goldman and JPMorgan's request to repay, it would miss out an a political opportunity to show taxpayer dollars flowing back into government coffers.

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