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Barney Frank, former Massachusetts congressman and gay rights advocate, dies at 86

Committee chairman Rep. Barney Frank (D-MA) speaks during a House Financial Services Committee hearing on Capitol Hill February 24, 2010 in Washington, DC. (Photo by Brendan Smialowski/Getty Images)

(WASHINGTON) — Barney Frank, the former Massachusetts congressman who championed Wall Street reform and served as one of the first openly gay members of Congress, has died at 86, sources told ABC News.

The former U.S. representative served as chairman of the powerful House Financial Services Committee from 2007 to 2011 and was a leading co-sponsor of the 2010 Dodd-Frank Act, which was enacted in response to the 2008 financial crisis.

This is a developing story. Please check back for updates.

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