The Volcker Rule, Named for a Former Fed Chair

question 24

Multiple Choice

The Volcker rule, named for a former Fed chair:

• A) is intended to increase the powers of the Fed.
• B) states that the U.S. government will rescue certain large banks if necessary to reduce systemic risk in the financial system.
• C) sets limits on banks' proprietary trading.
• D) requires all banks to undergo annual stress tests.

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Definitions:

Negotiating Party

A person or group involved in discussions aimed at reaching a mutual agreement or settlement.

Appealing

Attractive or interesting, often used to describe qualities, proposals, or aspects that draw positive attention or interest.

Confidence

The feeling or belief that one can rely on someone or something; firm trust.

Control

The ability to steer or command the conduct of persons or the progression of happenings.