the so-called "Volcker rule" aimed to restrict banks from speculative trading. The Volcker rule is named after Paul Volcker, who chaired the Federal Reserve from 1979 to1987 and served as the head ...
The Volcker Rule is a rule limiting certain financial institutions' ability to own, invest or sponsor hedge funds, private equity or other proprietary trading operations. The Rule seeks to ...
Critics see the move as a continuation of the Trump administration’s undoing of measures put in place to prevent another financial crisis Generally speaking, the Volcker Rule puts limits on ...
“I don’t think you can escape that.” These were the words of Federal Reserve Chairman Paul Volcker as he testified before Congress in October 1979. Inflation was 13%. Volcker’s ...
Those qualities were put to good use after the 2008 banking crisis when he framed what became known as the "Volcker Rule" essentially restricting banks from making investments not intended to ...
Paul A. Volcker was chairman of the board of governors of the Federal Reserve System from 1979 to 1987 and was credited with a leading role in ending a period of high and rising inflation and ...
Volcker. Volcker, who died last Sunday at age 92, is most well known, and most highly praised, for smiting the burgeoning inflation that threatened the country’s economic future back in the late ...
Decades later, as advisor to Mr Obama, Mr Volcker crafted the so-called "Volcker Rule" which aimed to reduce risky behaviour at federally-insured banks, banning them from using their own funds to ...
His nomination of Paul Volcker as chair of the Federal Reserve is credited for a long-term decrease in inflation. Get Real-Time News and Alerts for Your Portfolio President Jimmy Carter ...