Paul Volcker, former chairman of the Federal Reserve, is creating the Volcker Alliance, a foundation that will work to improve how governments operate. In a speech today, Volcker plans to highlight challenges to regulatory reform, including the slow pace at which authorities have implemented the Dodd-Frank Act. "I've gotten concerned by the seeming impotence of federal regulatory agencies," Volcker said. "Too many agencies overlapping, too many opportunities for delay."

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