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House Financial Services Committee Chairman Barney Frank, Massachusetts Democrat (right), confers with the committee's ranking Republican, Spencer Bachus of Alabama, during a September hearing. Mr. Bachus, who will succeed Mr. Frank as chairman in January, is expected to exhibit a more reserved style. (Associated Press)

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House Financial Services Committee Chairman Rep. Barney Frank, D-Mass., left, talks with former Virginia Rep. Tom Davis, on Capitol Hill in Washington Thursday, July 15, 2010, after Congress passed the stiffest restrictions on banks and Wall Street since the Great Depression. (AP Photo/Alex Brandon)

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Financial Overhaul_Thir.jpg

** FILE ** In this May 21, 2010, photo, Rep. Barney Frank (left), Massachusetts Democrat, who chairs the House Financial Services Committee, and Sen. Christopher J. Dodd, Connecticut Democrat, who is Senate Banking Committee chairman, speak to reporters outside the White House after meeting with President Obama on banking-overhaul legislation. (AP Photo/Susan Walsh, File)