If Volcker News Today

See that -- see the policies that weve creating have been appropriate. so im looking forward to that t looks like maybe the majority is going to grief for us to have a hearing and hopefully we will gain some understanding. >> he will with, the issue is, not to be too complex, was it a hedge or a proprietary trade? did the volcker rule apply and perhaps watered down the way it was jamie dimon. >> well, i think what youve just said is true. was this a trade or a proprietary he proprietary hedge, p...

They were. do we have to downsize these banks to hedge against further risk for potential risk of the taxpayer? >> well, you know, i think you know that i was really involved in dodd frank and yet i voted against it and it was for the rereason that youre bringing up. i really saw what we were doing was going to cause the big banks to get bigger and really put a pressure and cause them not to be competitive. a lot of people have said, if we had glass in place, this couldnt have occurred. the regu...