Senator Merkley Slams Fed Volcker Delay

WASHINGTON –-(ENEWSPF)–December 19, 2014.  Oregon’s Senator Jeff Merkley released the following statement after the Federal Reserve announced that it will give banks broad exemptions in complying with the Volcker Rule for 2015, and that it is likely to continue those exemptions through July 2017:

“The Wall Street Casino is alive and well.  Last week it was Congress granting the big banks the right to keep trading on banned risky derivatives with government backing.  Today it…