White House advisor Paul Volcker sounded hopeful Tuesday about the possibility of meaningful financial regulatory reform passing this year. “I do think we have the promising possibility of getting agreement here,” he said during lunchtime address to the Peterson Institute for International Economics. “I feel more optimistic now than I would have a month ago.” [...]
The post that follows below was based on an report by dealReporter, which has been contested by Sen. Shelby’s office. A spokesman for Shelby, Jonathan Graffeo, sent the following statement: “Sen. Shelby opposes the bank tax proposal. He has not, however, expressed support for or opposition to the Volcker rule proposal. He said the proposal [...]
