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Group of Senators to Bernanke: Finish Volcker Rule on Time

A group of 22 U.S. Senate lawmakers said Thursday that regulators should complete a ban on banks' trading activities this summer and rebuff calls from the banking industry for a delay.
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Senate Said to Mull Watered Down 'Volcker Rule'

Business & Finance : DealBook (5 years ago)

Senate Banking Committee members are considering a watered down version of the so-called "Volcker Rule" unveiled last month by the Obama administration to curb risk-taking by banks, Reuters reported.

Volcker Takes Tough Line on Trading by Banks

Business & Finance : DealBook (5 years ago)

Paul A. Volcker, the former Federal Reserve chairman, pushed his plan on Tuesday to restrict the investment activities of large banks, telling the Senate Banking Committee that there was no "rationale for public funds - taxpayer fun...

Lawmakers Hammer Out New Wall Street Rules

Business & Finance : Business from Newser (5 years ago)

House and Senate negotiators have completed a sweeping overhaul of banking regulations and aim to send it to President Obama by July 4. Lawmakers finished assembling the bill early today out of versions passed earlier by the House a...

Volcker Rule That Limits Banks' Proprietary Trading Is Unlikely To Move Forward In Senate

Business & Finance : Huffington Post: Business Blog (5 years ago)

A proposal by former Federal Reserve Chairman Paul Volcker to limit bank's proprietary trading will be either be dropped or significantly modified in the Senate,...

Rumor: "Volcker Rule" Already Dead, Has Zero Chance In The Senate

Business & Finance : Business Insider: Clusterstock (5 years ago)

According to Dealreporter, via The Fly On The Wall, the White House's plan to limit banks prop trading, better known as the "Volcker Rule," will either be dropped in the Senate or significantly modified. This is according to lawmake...


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