That is a glaring comment from them. And I appreciate your honesty in it, but the honesty alone sends a true message that there is a really serious problem with the Volcker Rule if it has this type of an impact.
Miller expresses concern about the Volcker Rule's effects on European bond sales.
Share
More from GARY G. MILLER
We certainly need a well-functioning regulatory system, but it should facilitate growth, not stifle it.
I have always had a problem with the way they were fundamentally flawed. You had a hybrid situation where the private sector made all the profits, and the taxpayers took all the risk, which was problematic from the beginning.
I enjoyed your opening statement. You talked about empowering consumers, fair, transparent, and competitive marketplaces, and dealing with bad actors.
There is no question that robust capital standards, when properly applied, will help protect our economy.
Other voices in this conversation
