Tuesday, October 3, 2017

Federal Reserve governor

Federal Reserve governor Jerome Powell and Commodity Futures Trading Commission Chairman J. Christopher Giancarlo, say they are confident regulators can come to an agreement on changing the Volcker rule ban on certain types of bank trading in the coming months. "We are going to be able to get to a five-agency rule on Volcker that is significantly less burdensome, that is faithful to the intent of Congress," Powell says. "But I'm not going to tell you that its going to be quick or easy."

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