Republicans to put Barney Frank, bailouts under microscope - BostonHerald.com: "Barney Frank — a fading Capitol Hill power broker — will return to Washington stripped of his committee clout and wearing a target on his back as top Republicans vow to probe mortgage giants bailed out by taxpayers on the Newton Democrat’s watch.
“I think there’s a responsibility to get down to the errors in judgment which helped create the current financial crisis,” said U.S. Rep. Ed Royce, a California Republican set to become a leader on the powerful Financial Services Committee chaired by Frank. “The fact that Congress was repeatedly warned by the regulators . . . requires vigorous congressional oversight and investigation, lest we repeat the mistakes of the past.”"
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