On the recordNovember 13, 2013
We are certainly trying to be faithful to the intent of this rule, which is to eliminate short-term financial speculation in institutions that enjoy the protection of the safety net.
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congress.govWe are certainly trying to be faithful to the intent of this rule, which is to eliminate short-term financial speculation in institutions that enjoy the protection of the safety net.
Yellen affirms commitment to the intent of the Volcker Rule.
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President Biden has made absolutely clear that he opposes increasing taxes on people earning less than $400,000.
The most recent and optimistic estimate I’ve seen suggested that the average household will see on the order of $1,000 reduction in income.