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Volcker Rule Revamp Adds to Trump’s Steady, Bit-by-Bit Deregulation

  • Watchdogs are said to ditch assumption on short-term trading
  • Capital requirements have also been target of rule easing
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Wall Street Set to Win as Hedging Demands Eased in Volcker 2.0

Bit by bit, the Trump administration is making headway in its push to loosen Wall Street’s leash.

The latest target is the Volcker Rule, a landmark constraint that was key to Washington’s drive to make the industry safer after the 2008 financial crisis. Regulators handpicked by President Donald Trump will propose a makeover of Volcker in the coming weeks, adding to efforts already underway to ease rules that have put government watchdogs in control of everything from bank capital to what lenders can do with their profits.