Senator Identifies Key Regulator As Main Obstacle To Strong Volcker Rule

Sen. Jeff Merkley (D-OR), an author of the Volcker Rule, identified the Office of the Comptroller of the Currency — the agency charged with regulating big banks — as a key obstacle to preventing those very banks from making risky bets with depositor funds.

Dem Senator: The Regulator Overseeing Big Banks Wants To Let Big Banks Gamble With Your Money | TPMDC