ABU DHABI/ WAM ADNOC Drilling Company announced on Tuesday the award of a $1.15 billion, ...
Read More »The way to fix the Volcker Rule
The Trump administration is taking aim at the Volcker Rule, one of the core elements of the Dodd-Frank financial reform, saying it’s too complex and burdensome. That’s true, but improving the rule shouldn’t mean weakening it. The rule has a vital purpose: denying taxpayer subsidy to speculation. It therefore bans speculative trading at financial institutions with access to federal deposit ...
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