Law360, Washington (April 13, 2018, 2:22 PM EDT) -- The U.S. House of Representatives on Friday approved changes to the Volcker Rule, including consolidating rulemaking under the Federal Reserve and exempting banks with less than $10 billion in assets from compliance, adding to a list of potential changes in an anticipated package altering the Dodd-Frank Act.
The House passed the Volcker Rule Regulatory Harmonization Act of 2018, sponsored by Rep. French Hill, R-Ark., on a 300-104 bipartisan vote. The legislation would roll back part of the rule named after former Federal Reserve Chairman Paul Volcker...
Volcker Rule Changes Pass In House
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