Rep. B. Frank on CNBC talks UIGEA

[lots0]

Only a passing mention of the UIGEA by Frank and it was in the past tense.

Seems that in the current Banking "crisis" the UIGEA is making "ridiculous" demands on the already stressed banking system.

 

[NASHVEGAS]

FWIW,

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[BingoT]

Barney Frank plans to introduce a bill against UIGEA in March

Barney Frank is getting ready to propose anti-Unlawful Internet Gambling Enforcement Act (UIGEA) passed in 2006 next month.

Frank has been opposing this act ever since it was passed. Franks vocal opposition to the UIGEA was reinforced recently. In one of the interviews and conferences as a new Chairman of the House Financial Services Committee, Frank told that he planned to propose an online gaming legislation making online poker games legal. On February 20, Reuters confirmed his statement by highlighting the bill would be introduced next month.

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