BROWN, REED, MERKLEY URGE FED TO STRENGTHEN, FINISH RULES TO CURB WALL STREET COMMODITY OWNERSHIP
February 9, 2017
WASHINGTON, D.C. – Today, U.S. Sens. Sherrod Brown (D-OH), Jack Reed (D-RI), and Jeff Merkley (D-OR) urged the Federal Reserve to strengthen and complete its proposed rules to curb Wall Street banks’ ownership of physical commodities, such as oil, coal, and metals. Brown, the ranking member of the Senate Banking
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