Volcker 2.0 Said Likely to Be Reproposed by Regulators

Volcker 2.0 Said Likely to Be Reproposed by Regulators

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the criticism of the Volcker Rule, particularly from banks struggling with compliance. Trump-appointed regulators aimed to clarify the rule, but banks found the new proposal more restrictive. The process of rewriting the rule involves input from banks, raising questions about influence. The outcome remains uncertain, especially with potential political changes affecting the rule's future.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns were raised regarding the influence of banks in the comment process for the Volcker Rule?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What potential changes to the Volcker Rule were anticipated if Elizabeth Warren were to become President?

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