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.
"The Volcker Rule is clearly not a violation of NAFTA or any other trade agreement, all of which explicitly safeguard the
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.
But the political economy implications of the vote are still more significant. Former International Monetary Fund Chief Economist
The CLO market is valued between $84 billion and $105 billion, according to federal regulators. Big banks dominate the sector
Donte Stallworth contributed reporting. "Wall Street reform is not only popular with consumers, but constantly under Republican
These lawmakers' roles and the actions they take in the next two years may say more about the future of Wall Street support
"The atmosphere is a little bit different," Himes said. "I think there were 35 Democrats who voted yes. On similar legislation
Sign up below to get Ryan's newsletter, Bad News, in your inbox The House Rules Committee will take up the bill Monday night
On Wednesday, Pelosi actively worked the floor pressuring her members to vote against the Volcker Rule delay, with impressive