Former Rep. Barney Frank, a liberal icon who was a key architect of the landmark Wall Street regulations Democrats enacted in the wake of the 2008 financial crisis, has entered hospice care at his home in Maine. And as one of his last acts, he is preparing to release a book repudiating his party’s left flank.

A champion of liberal causes during his 32 years representing Massachusetts in the House, Frank says progressive Democrats have “embraced an agenda that goes beyond what’s politically acceptable.”

“Until we separate ourselves from that agenda, we don’t win,” he said in an interview Tuesday.

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Known for his acerbic wit and sometimes combative style, Frank chaired the House Financial Services Committee through the heart of the 2008 financial crisis, from 2007 to 2011. His name is synonymous with Democrats’ last signature achievement in the financial policy space — a sweeping 2010 rewrite of Wall Street oversight known as the Dodd-Frank Act that put new scrutiny on U.S. banks.

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His latest book is set to be released later this year (“I face a literal deadline, so I don’t know how we’ll adjust to that,” he said of the timing). He’s hoping “to use my reputation and my record of being on the left to give courage to many of my colleagues who I know agree with me but are inhibited from saying so.”

“For a lot of my colleagues, the argument has been, ‘well, we don’t support defund the police or open borders, and we don’t say we do,’” Frank said. “But my point is, no, it’s not enough … to be silent. We have to explicitly repudiate it.”

He says he’s “not arguing that anybody should stop his or her advocacy.”
“But it’s one thing to advocate something knowing that you’re going beyond the current viewpoints, and another to make it a litmus test,” he said.

In the progressive-moderate clash roiling his new home state, Frank supports Gov. Janet Mills for Senate over Graham Platner.

“I worry a little bit about the tendency on the Democratic side to fall for the flavor of the month,” he said, though he credited Platner for focusing his attacks on incumbent GOP Sen. Susan Collins, not Mills. “There is this flirtation or this attraction of people who are new and who are very good at articulating a response to the anger, but without talking about what you do about it.”

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