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The Elimination of the Volcker Rule: The Next Step after Dodd-Frank Reform

With the recent passage of S.B. 2155, or the Economic Growth, Regulatory Relief, and Consumer Protection Act, President Trump’s campaign promise of Dodd-Frank reform became a reality. While FreedomWorks commends the work done to roll back Obama-era government overreach, the task of freeing the banking market is far from over. One of the more onerous provisions of Dodd-Frank, The Volcker Rule, described by George Mason University’s Mercatus Center as “fundamentally flawed”, is still in place.