volcker rule

The critics of the financial reform Dodd-Frank Act are fond of saying that it doesn't work -- some going so far as to say that the financial system is just as much at risk as it was in 2008, if not even more so.
"Republicans may have decided to forget about the financial crisis that caused so much devastation -- but I haven’t.”
Until the political importance of Glass-Steagall is recognized, financial reform is doomed. Captured regulators will implement milquetoast versions of reform laws, and Congress will entertain amendments to slowly repeal the reforms.
On July 21, 2010, President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act (hereafter, DF), the most sweeping financial regulatory reform in the United States since the 1930s. Let's have a look at the most noteworthy accomplishments and the biggest failings so far.
WASHINGTON -- President Barack Obama and Sen. Elizabeth Warren (D-Mass.) have been locked in a public feud over whether free
At Tuesday's hearing, Warren repeatedly asked Yellen if she or the Fed Board of Governors shared the views of their general
[Banks] want to be able to do things their way, and that's very dangerous," MIT economist Simon Johnson tells me. "'Here we go again' -- I think that's the motto for this Congress."
This week, the 2016 presidential race was roiled by the announcement that former GOP nominee and 2012 loser Mitt Romney was, against all logic, getting his band back together to mount yet another run for the White House. This has baffled everyone.
The vote of 271-154 included just 29 Democratic supporters. Rep. Walter Jones (R-N.C.), a persistent opponent of Washington
"We voted on a bill to extend the line to 2017," Sherman said. "Now we're being told that's the same as extending it to 2019
There's nothing inherently terrible about flip-flopping. Historically, it's a pretty important part of the legislative process
These anti-Wall Street stands came amidst an internal Democratic debate, described by some as a fight for “the party’s soul
House Minority Leader Nancy Pelosi (D-Calif.) pushed a critical bloc of Democrats who had previously supported similar measures
"With their latest Wall Street giveaway, it is clear where Republicans' true priorities lie," Pelosi added. "We begin the
Congressional Democrats on Wednesday ripped a GOP to delay a key Wall Street reform, converting what Republican leaders had expected to be an easy vote into a political showdown. Schakowsky speaks.