NEWTON, Mass. (AP) — Democratic Rep. Barney Frank of Massachusetts announced his retirement Monday effective at the end of next year, closing out a congressional career of more than three decades capped by passage of legislation imposing new regulations on Wall Street.

Frank, 71 and a lifelong liberal, won a House seat in 1980 and was one of the first lawmakers to announce that he is gay.

At a news conference, Frank said he had originally intended to seek one more term but changed his mind in part because the state's new redistricting map will move 325,000 new constituents into his district.

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