We Tell the Financial Regulators: Don’t Let Big Banks Make Taxpayer-Backed Bets

U.S. PIRG and the AFL-CIO joined Americans for Financial Reform in a detailed comment letter urging issuance of a strong Volcker rule by the financial regulators. It’s a 72-page pdf comment letter that basically comes down to one simple thing. We tell the financial regulators: don’t let big banks make taxpayer-backed bets. The rule implements […]