Public Policy Roundup
Congress held hearings on the securities fraud bill and the Volcker Rule, and the NLRB chairman responded to concerns about the joint-employer standard.
This week's roundup recaps a briefing held in D.C. that explored middle-market capital formation. It also looks at a new proposed rule related to the distribution of research reports.
The Fed advanced a proposed rule to modify the Volcker Rule. Meanwhile, the U.S. enacted tariffs on the EU, Canada and Mexico and announced plans for tariffs on China.
President Trump signs the bipartisan banking bill, the Fed weighs Volcker Rule changes, and riders in the House appropriations bill look unlikely.
The Senate banking bill moves closer to a vote, co-directors of the SEC’s Enforcement Division address cybersecurity, and the IRS commissioner offers timing for pass-through income guidance.