The Internal War Over the Volcker Rule

The reason it has taken so long is because the market cops and the bank cops can’t agree on what it should say.

Paul Volcker, chairman of the President's Economic Recovery Advisory Board, participates in a Senate Banking, Housing and Urban Affairs Committee hearing on Capitol Hill on February 2, 2010 in Washington, DC. The committee was hearing testimony on prohibiting high risk investment activities by banks and holding Companies. 
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