Posts Tagged ‘Volcker Rule’
Beware of Bank Regulations Curtailing Credit
As Diana Furchtgott-Roth of the Manhattan Institute points out, there is widespread hostility towards the financial sector even though: 140 banks failed in 2009 regulators and Congress encouraged banks to make high-risk loans many banks were required by Hank Paulson to take the TARP money in 2008 all but one large bank repaid TARP funds [...]
Volker Rule Offers More, Not Necessarily Better, Regulation of Banks
“If these folks want a fight, it’s a fight I’m ready to have,” said President Obama as he emphasized his campaign against Wall Street. Following up on the after-TARP tax, Obama is introducing the Volker Rule to impose tougher regulations on the financial sector. The Volcker rule will cap the size and scope of banks, [...]







