'Volcker Rule' Stalls In Senate: Geithner May Give Regulators Leeway In Applying Plan

04/26/2010 05:12 am ET | Updated May 25, 2011
  • bloomberg.com

- The U.S. Treasury Department wants to give regulators discretion to define proprietary trading as the White House tries to revive its plan to bar banks from making hazardous bets that could cause another financial crisis.

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