Fed Board of Governors to consider changes to Volcker rule
Fed Board of Governors to consider changes to Volcker rule
The Federal Reserve on Wednesday is expected to take up a proposal to relax the Volcker rule. That’s the measure passed in 2010 as part of the Dodd-Frank financial reform law. Big banks say the Volcker rule, which is designed to protect depositor money from risky investments, is too expensive and constraining.
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