Regulators are taking too long to finalize the Volcker Rule, say U.S. Senators.
The Washington Post reports Democratic Sens. Carl Levin (Mich.) and Jeff Merkley (Ore.) “said the uncertainty surrounding the Volcker Rule jeopardizes the health of the economy.”
In a letter to five regulators, the senators wrote, “Ongoing failure to implement these important protections has left . . . our economy at greater risk of another financial crisis.”