subprime situation unfortunately provides ammunition for the latter view." - Meaning and context.">
QuotesCosmos
Frank in an op-ed piece "A (sub)prime argument for more regulation" in Financial Times (August 2007)
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In the debate between those who believe in essentially unregulated markets and others who hold that reasonable regulation diminishes market excesses without inhibiting their basic function, the subprime situation unfortunately provides ammunition for the latter view.

— Barney Frank

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "In the debate between those who believe in essentially unregulated markets and others who hold that reasonable regulation diminishes market excesses without inhibiting their basic function, the subprime situation unfortunately provides ammunition for the latter view." in the context of "Frank in an op-ed piece "A (sub)prime argument for more regulation" in Financial Times (August 2007)" to mean that wisdom is timeless.

Source: Wikiquote: "Barney Frank" (Quotes) The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app

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#Barney Frank#unfortunately#essentially#unregulated#reasonable#regulation#diminishes#inhibiting#ammunition#situation#excesses#function
Barney Frank

About Barney Frank

Barnett "Barney" Frank (born March 31, 1940) is an American politician who served as a member of the U.S. House of Representatives from Massachusetts from 1981 to 2013. A member of the Democratic Party, he served as chairman of the House Financial Services Committee (2007–2011) and was a leading co-sponsor of the 2010 Dodd–Frank Act, a sweeping reform of the U.S. financial industry. Frank, a resident of Newton, Massachusetts, is considered the most prominent gay politician in the United States.