And the irony to me is that if there was a good Volcker Rule in place, they might not have been able to do this because it clearly does not seem to be hedging customer risk or even the overall exposure of the bank's portfolio.
Reed highlights the potential effectiveness of the Volcker Rule in preventing financial missteps.
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Vague generalities are not helping this committee make critical judgments.
The Committee has directed inquiries to the Department, and we will be conducting vigorous oversight to determine the facts related to the circumstances.
it is not enough that President Trump has injected chaos and inflation into the economy with his illegal tariffs, unauthorized war, and his so-called Big Beautiful Bill. He is also stripping protections for average Americans against being…
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