WASHINGTON -- When Rep. Barney Frank was looking to aid a Boston-based lender last fall, the Massachusetts Democrat urged Maxine Waters, a colleague on the House Financial Services Committee, to "stay out of it," he says. The reason: Ms. Waters, a longtime congresswoman from California, had close ties to the minority-owned institution, OneUnited Bank. Waters Helped Bank Whose Stock She Once Owned - WSJ.com If Barney was aware of this why did he do nothing. Again I say some hard questions need to be asked to Frank, and now concerning Rep. Waters.