AFR in the News: Volcker Rule Still a Hot Topic on Capitol Hill

More than 100 members of Congress have communicated with the Federal Reserve and other regulators about the yet-to-be-finalized Volcker Rule, which is supposed to restrain banks from making risky trades or investing in hedge funds. “The Fed, like all regulators, provides feedback to lawmakers,” Ben Protess writes in the Sep. 20 New York Times. The Fed, he goes on to observe, has also met with advocacy groups that support the Volcker Rule, “including Americans for Financial Reform.”