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(Image from article: "Rep. Barney Frank to retire, closing long career")

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Rep. Barney Frank to retire, closing long career

Democratic Rep. Barney Frank of Massachusetts does not intend to seek re-election in 2012, his office said Monday, closing out a career of more than three decades in Congress capped by last year's passage of legislation imposing new regulations on Wall Street.

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Derivatives standoff stalls Wall St bill

Lawmakers were locked in an impasse over derivatives on Thursday as they struggled to finish their historic rewrite of U.S. financial regulations.

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