WASHINGTON – A half-decade after the first indications of the global economic crisis were spotted in the U.S. financial sector, regulators from an unprecedented slew of federal oversight agencies are facing a White House deadline to finalize a key rule that supporters say would do much to close a significant vulnerability in the country’s
US Regulators Facing Deadline On Key Rule To Rein In Wall Street
Leaks suggest a stronger version of the Volcker rule could happen, with President Obama and Treasury Secretary Lew stepping lobbying efforts to push for a final rule before the year’s end.