No, not literally.
Will has a column in which he explores Frank's policy views, ultimately concluding that Frank is distinguished by his "coherent" "argument for more government-engineered equality." For example, he supports "fair trade"; more Congressional involvement in Federal Reserve policy-making; and a greater government role in health care.
What I don't get is how these policy views distinguish Frank from other liberals. Aren't most liberals saying very similar things? Are they any less "coherent"? I'm not quite sure what Will's point was in writing this piece.
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