Monday, February 11, 2013

GOP Rep. To Introduce Bill Repealing New Rule Against Risky Bank Trading

GOP Rep. To Introduce Bill Repealing New Rule Against Risky Bank Trading: Rep. Dan Campbell (R-CA), in a smart move, wants to require the biggest banks to hold more capital against potential losses (meaning they have a bigger cushion, and thus less potential need for a bailout, if the economy goes south). However, he plans to pair his legislative push for higher capital requirements with the repeal [...]/p