I think we have all taken note of Chairman Volcker's statements that, number one, proprietary trading in commercial banks was not central to the crisis.
Editor's note · Context
Hensarling emphasizes Volcker's view on proprietary trading's role in the financial crisis.
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Mr. Speaker, I yield 2 minutes to the gentleman from North Carolina (Mr. Budd), a hardworking member of the Financial Services Committee.
Mr. Speaker, I yield 1 minute to the gentlewoman from Missouri (Mrs. Wagner), the chair of our Oversight and Investigations Subcommittee, also the lead sponsor of an important provision in this package of bills, H.R. 5970, the Modernizing…
As we saw in the last crisis, it is the average hardworking Americans that will suffer the consequences if Washington deregulates Wall Street mega banks again.
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