Bloomberg News

Senate’s Corker Has ‘Serious Doubts’ Volcker Rule Can Work

January 24, 2012

Jan. 24 (Bloomberg) -- U.S. Senator Bob Corker said he has “serious doubts” about whether the Dodd-Frank Act’s ban on proprietary trading by banks will work.

Corker, a Tennessee Republican who serves on the Senate Banking Committee, commented on the Volcker rule today at a U.S. Chamber of Commerce forum in Washington.

To contact the reporter on this story: Phil Mattingly in Washington at pmattingly@bloomberg.net

To contact the editor responsible for this story: Maura Reynolds at mreynolds34@bloomberg.net


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