I think we already have ample evidence that the Fed needs to place additional restrictions on how banks trade and warehouse physical commodities.
I think your focus on this set of issues has already benefited consumers and helped some small businesses.
Dodd-Frank required that the CFTC and FERC agree on principles for sharing data.
Market manipulators do not respect jurisdictional boundaries between agencies. In fact, they try to exploit those bounda...
I understand from you that the only reason this has not been done is that you have concerns about working out the detail...
I have to say that sounds pretty appealing to me.
So you are making the large trader report available to FERC people in any investigation.
It is time for us to pick workers and consumers and taxpayers over the speculators, over the 'too big to fail' banks.
The GAO report concludes that it is too early to declare victory on the too-big-too-fail problem, and I agree.
No, and, Hell, no.
The Volcker Rule is an important step in the right direction if it is strongly enforced.