Showing posts with label Great Recession. Show all posts
Showing posts with label Great Recession. Show all posts

Wednesday, February 15, 2012

Protecting the United States' Economy from Artful Banking

The 111th Congress passed the Dodd-Frank Act  --  a new law to govern banks and the financial industry  -- and President Barack Obama signed it into law in  2010.  The Dodd-Frank Act establishes a banking rule called the Volcker Rule; named after former Federal Reserve Chairman Paul Volcker.  The Volcker Rule is the focus of this post and the article highlighted in it.