Barney Frank’s Statement Regarding the Federal Reserve’s Guidance on the Volcker Rule
Washington, DC,
April 19, 2012
Congressman Barney Frank, Ranking Member of the House Financial Services Committee, today released the following statement about the announcement by the Federal Reserve Board concerning implementation of the Volcker Rule.
While this guidance relieves the pressure to adopt a rule on July 21st, it is obviously still important for the Board to propose a final rule quickly, and I am confident that they are seeking to do so. |