Democrat Barney Frank, who authored tough post-financial crisis banking rules, was appointed to the board of directors of New York-based Signature Bank on Wednesday.
Frank retired from Congress in January 2013 and is now an author, NBC contributor and public speaker.
Frank was key architect of Dodd-Frank financial reform law
Retired House Democrat Frank, one of the namesakes of the 2010 Dodd-Frank financial-reform law, is joining the Signature Bank board. The former chairman of the House Financial Services Committee was instrumental in drafting the 2010 law.
Analysts note the the pairing seems odd, given that Frank has frequently championed for more banking regulations often opposed by the industry.
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