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Volcker Assumes Smaller-Than-Expected Role With Obama

Wall Street Journal Original article ›

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Paul Volcker's fading influence on the Obama administration.

04/11/2009

Former Fed chairman Paul Volcker added to the credibility of the incoming Obama administration during the early days. Now his advice about the need to reinstate a wall between banking for taking federally insured deposits and making loans, from investment banking's trading in securtities, is beig ignored. He does not think regulation will be effective. One reason our system does not work thay way. Influential bankers can water down financial regulation in Congress.

Grouped Articles

Volcker Assumes Smaller-Than-Expected Role With Obama

Wall Street Journal 04/11/2009

Volcker Fails to Sell a Bank Strategy

New York Times 10/21/2009

Fed Chooses Staff Economist as Head of Bank Supervision

Wall Street Journal 10/21/2009

BOE's King: Big Banks Should Get Broken Up

Wall Street Journal 10/21/2009

Britain and Its Central Bank Disagree on Banking Laws

New York Times 10/22/2009

Fed's Tarullo Shakes Up Bank Rules

Wall Street Journal 10/26/2009


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