Barney Frank, the former Massachusetts congressman and powerful House Financial Services committee chairman threw cold water on the Green New Deal, Fox & Friends reported.

Frank rose to prominence during the second Bush administration as he spearheaded sweeping liberal reforms aimed at the banking industry during the 2008 market crash.

Frank said that the Green New Deal, co-sponsored by Rep. Alexandria Ocasio-Cortez (D-N.Y.) and his former Bay State colleague Sen. Edward Markey, "would be a loser."


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"I do not think that people are going to be advocating [for] that whole package," Frank had said on CNBC.

Frank said that many people believe "doing too much change at once" can "destabilize a society" and noted that much of the electorate is "skeptical of government."

The former liberal lion added that he personally wants to see expanded government, but that legislation like that must show "that it works" and then Congress should "build on it."

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