, 3 tweets, 2 min read Read on Twitter
This is not good 4 consumer.

Volcker Rule
emerged from
Dodd-Frank Act
ensures banks
got enough juice w/out
dipping N2 ur FIDC cash
2 make profit.

Don't folks like a lot of juice?
Thought so.

Let's keep the Volcker Rule juice.

Attaching a good article
2 learn more.

1/2
The Volcker Rule
8-13-19

"Since any dramatic step 2 weaken rule
will B seen as gift 2 lrgst banks,
it could play N2 a narrative
the Trump admin’s de-regulatory agenda
favors big business.
This could amplify
rhetoric of Dems
#Blue2020.

2/2
americanbanker.com/opinion/how-a-…
Wat?

The Volcker Rule
2008 Financial Crisis

Nothing 2 prevent banks
from using customers’ FIDC funds
2 enrich their own portfolios.

Hence, Dodd-Frank adopted
idea of eliminating those in-house portfolios,
thus eliminating any conflict of interest.
americanbanker.com/opinion/how-a-…
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