We are making progress. It’s now more socially acceptable to be gay than a Congressman.
Increasing inequality in income distribution in this country has broader policy implications, and there is also the growing problem of perverse incentives that result from executives receiving grossly disproportionate compensation based on decisions they themselves take.
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|Birth:||31st August, 1940|
Barnett Barney Frank is the U.S. Representative for Massachusetts's 4th congressional district since January 1981. A member of the Democratic Party, he is the former chairman of the House Financial Services Committee 2007–2011 and is considered the most prominent gay politician in the United States. He was elected to the U.S. House of Representatives in 1980 with 52 percent of the vote. He has been re-elected every year since by wide margins. In 1987, he came out as gay, becoming the first member of Congress to do so voluntarily. From 2007 to 2011, Frank served as chairman of the House Financial Services Committee, where he remains the ranking Democrat. As of 2010, Frank's net worth is estimated by the Center for Responsive Politics to be between $619,024 and $1,510,000. His sister, Ann Lewis, served as a senior adviser in Hillary Clinton's 2008 presidential campaign. On July 7, 2012, Frank married his longtime partner James Ready at Boston Marriott Newton in suburban Boston.
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