Frank leaves, just as flaws in bill come to light

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Barney Frank’s departure from Congress highlights the uncertain legacy of the financial legislation bearing his name. The emotion and partisanship behind Dodd-Frank eventually turned it into an exercise in score-settling on issues like debit cards, futures and swaps, and payday lending - areas that had nothing to do with the crisis. The continuing debate over the bill reflects a deeper difference in how the two parties perceive the costs and benefits of government action.

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