White House plans to push lawmakers to include "Volcker rule"

05/28/2010 | MarketWatch

An official from the Treasury Department said the White House will urge lawmakers to include a measure in the regulatory-revamp bill that would ban major banks from proprietary trading, dubbed the "Volcker rule" after Paul Volcker, a former chairman of the Federal Reserve. "We will work hard to include the ... 'Volcker rule' provisions," the official said.

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