The Obama administration wants the so-called Volcker Rule written by the end of this year.
The Obama administration wants the so-called Volcker Rule written by the end of this year, reports Dealbook.
It adds both Treasury Secretary Jacob J. Lew and President Obama are stressing that deadline since the five federal agencies responsible for the rule are already a year behind schedule—debate among the agencies has centered on how stringent to make the rule. Read more.
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