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Dems' Successor to Frank Unclear

Retiring Massachusetts congressman's spot won't be filled for a year, but seniority may not be the deciding factor.

By Claude R. Marx | Updated on November 29, 2011

Democratic House members won’t pick a successor to retiring Rep. Barney Frank (D-Mass.) in the top spot on the House Financial Services Committee for a year, and  it’s far from a sure thing that the member next in line, Rep. Maxine Waters (D-Calif.), will get the nod.

Waters is currently the subject of an investigation by the House Committee on Standards of Official Conduct for having sought aid to a Boston community bank in which her husband served on the board. There is no timetable for the panel to complete its investigation and if the panel concludes there was any wrongdoing it could reduce her chances to succeed Frank.

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