Wall Street CEOs Personally Lobby Federal Reserve To Weaken New Financial Regulations

Wall Street CEOs Personally Lobby Federal Reserve To Weaken New Financial Regulations: Federal regulators in charge of writing the Volcker Rule, which would ban federally-insured financial institutions from risky proprietary trading, are moving at a faster pace than expected and could have the rule finalized by September. Wall Street banks have been lobbying to weaken the rule since it was originally proposed by its namesake, former Federal [...]/p