after listening to Frank I'm a lot less worried that the Democrats are going to fold to right-wing economic interests.

It had passed under my radar, but it's something he's persisting with - from November -

Frank proposes that if businesses support a minimum wage increase and provide protection for workers adversely affected by trade treaties, Democrats would be more willing to ease regulations and approve free-trade deals. Frank also would support changes to immigration rules favored by businesses, and noted that allowing more immigrants would put needed funds into the Social Security system.

Frank casts his proposal as a way for capitalists to quell some of the populist fervor that was expressed in last week's election, when many Democrats vowed to crack down on companies moving jobs overseas.

(Further quotes here.)

Frank going all DLC here?

The Globe piece says

Frank said he will work out details of his grand bargain after conducting a series of hearings starting early next year. "I am not claiming I have majority support," he said. "I expect to spend much of the next year in the committee documenting this." But he said he has general backing from Pelosi and other top Democrats.

(The National Press Club speech is here - just in case (I've not read it).)