Article source
Wall Street Journal
Article date
Wed, May 10, 2017
WASHINGTON—The nation’s main national bank regulator could act on its own to give banks relief from the Volcker rule trading ban, the agency’s acting chief said in his first interview since taking the job.
Keith Noreika, on his third working day in office since becoming acting comptroller of the currency, also criticized aspects of the Depression-era Glass-Steagall law that had separated commercial and investment banking until its 1999 repeal, and said he wants to work to streamline banking rules.