Washington (CNNMoney.com) - House Financial Services chief Barney Frank publicly denounced a House Financial Services Committee staffer for leaving to become a lobbyist.
Peter Roberson played a key role in writing House financial overhaul legislation and will now lobby on behalf of a company that the legislation
directly impacts. His new employer, Intercontinental Exchange, owns the largest clearinghouse of complex financial products, otherwise known as credit default swaps.
"When Mr. Roberson was hired, it never occurred to me that he would jump so quickly from the committee staff to an industry that was being affected by the committee's legislation," Frank said in a statement.