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Trump Wants Foxes To Guard The Henhouses By Rolling Back Volcker Rule Provisions
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17 May 2018 05:39 AM EST

The Trump admin plans to scale back provisions of the Volcker Rule.
The rule is designed to combat exorbitant risk-taking by banks.
Many blame the banking industry's "irrational exuberance" for the Great Recession.
Trump wants banks be the ones to decide whether they're complying with the Volcker Rule.
Essentially, it makes regulators responsible for challenging them.

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