Earlier this month on CBS’s "60 Minutes," Federal Reserve Chairman Jerome Powell sat down for an interview with longtime correspondent Scott Pelley. While the interview was light on actionable ...
Named after Paul Volcker, the Federal Reserve Chairman who attacked inflation in the 1980s, the so-called “Volcker rule” aimed to restrict banks from speculative trading.
The Volcker Rule was established following the Great Recession of the late 2000s and early 2010s. Essentially, the law stops depository banks from making risky and speculative investments with ...
In a summary of the administration’s Volcker rule that circulated on Wednesday, financial firms would be prohibited from controlling more than 10 percent of the liabilities of the system. That is a ...
The US federal financial regulatory agencies with responsibility for implementing and enforcing Section 13 of the Bank Holding Company Act, commonly known as the Volcker Rule, have finalized ...
The five U.S. federal regulatory agencies responsible for implementing the Volcker rule — the Board of Governors of the Federal Reserve System (Federal Reserve), the Office of the Comptroller of the ...
WASHINGTON (Reuters) - U.S. financial regulators announced on Friday they would review Volcker Rule regulations to ensure foreign funds that should be exempt from the ban on proprietary trading by U.S ...
WASHINGTON, Dec. 10-- The Federal Deposit Insurance Corporation issued the text of the following statement by Chairman Martin J. Gruenberg: The FDIC Board today is acting on the final rule to ...
In mid-January, a who's who of Wall Street gathered to hear Paul Volcker, the former Federal Reserve chairman whose role in the White House seemed at best unclear. Subscribe to read this story ad-free ...
Details of how the Obama administration is considering clamping down on big financial firms under the “Volcker rule” circulated on Wednesday. Under the rule, named for Paul Volcker, the Obama ...