| Part Of Federal Reserve Meeting on "Volcker Rule"

Federal Reserve Meeting on the Volcker Rule

Members of the Federal Reserve Board of Governors held a meeting to discuss the Volcker rule. The rule, a part of the 2010 Dodd-Frank Act,… read more

Members of the Federal Reserve Board of Governors held a meeting to discuss the Volcker rule. The rule, a part of the 2010 Dodd-Frank Act, aims to curtail risky transactions by banning banks from making investments with their own funds for profit. It was named after former Federal Reserve Chairman Paul Volcker, who served during the Carter and Reagan Administrations. He argued that certain speculative investments played a role in the 2008 financial crisis. Each governor commented on the rule as they unanimously approved it.

Governor Tarrullo participated by telephone.

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Federal Reserve Meeting on "Volcker Rule"

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Federal Reserve Meeting on the Volcker Rule

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Program ID:
316730-1
Category:
Public Affairs Event
Format:
Meeting
Location:
Washington, District of Columbia, United States
First Aired:
Dec 10, 2013 | 10:00am EST | C-SPAN.org

Airing Details

  • Dec 10, 2013 | 3:45pm EST | C-SPAN RADIO