Home \ Keywords \ Volker Rule

You are here

Volker Rule

Fiscal Times: Dodd-Frank: Two-Year-Old Law Struggles to Walk

" Dennis Kelleher, president and CEO of the advocacy group Better Markets, warned the Senate Agriculture Committee Tuesday that the court gutting Dodd-Frank on technical grounds poses the gravest of uncertainties for Americans — another economic disaster that sucks trillions of dollars out of the economy. Market transparency and the benefits of avoiding a financial crisis simply can’t be easily quantified by the government, he said.

“Cost benefit analysis sounds good in theory,” Kelleher said, “but it’s often a catastrophe in reality and its detail.” "