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.

There are some audio and video dropouts. close

This video did not air on the C‑SPAN networks and may be encoded at a different quality than our normal content.
Video not available at this time

People in this video

More People

Hosting Organization

More Videos From

Federal Reserve Meeting on "Volcker Rule"

More information about

Federal Reserve Meeting on the Volcker Rule

99 Views
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 | 10:00am EST | C-SPAN.org