Barney Frank, the sharp-tongued former US congressman who helped reshape Wall Street after the 2008 financial crisis and became one of the most prominent openly gay politicians in American history, has died aged 86.

The liberal icon and former Massachusetts Democratic Congressman Barney Frank has died at his home, according to a close friend who confirmed his death to NPR member station WBUR in Boston.

In 2010, our collaboration resulted in the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act to strengthen and restore confidence in the US financial system.