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UPDATE 1-U.S. regulators announce review of Volcker Rule for certain foreign funds

WASHINGTON, July 21- U.S. financial regulators announced on Friday they would review Volcker Rule regulations to ensure foreign funds that should be exempt from the ban on proprietary trading by U.S. commercial banks do not face regulatory scrutiny. The agencies charged with enforcing the ban on proprietary trading, including the Federal Reserve, the Federal...

Source: Reuters

US regulators won't enforce parts of Volcker Rule for one year during review

U.S. financial regulators will review Volcker Rule regulations on foreign funds.

Source: Reuters

Trump's MAGAnomics get a CBO reality check

The Trump administration says its proposed budget and policies would boost economic growth to levels not seen in decades. The CBO remains unconvinced.

Source: CNBC.com

Yellen: We look forward to working with other agencies on Volcker Rule

In her testimony to the Senate Banking Committee, Federal Reserve Chair Janet Yellen answers questions on reviewing the Volcker Rule, and the FOMC's plans to reduce the Fed's balance sheet.

Source: CNBC.com

The Latest: GOP lawmakers push for expanded audits of Fed

WASHINGTON— The Latest on Federal Reserve Chair Janet Yellen's testimony to the House Financial Services Committee:. Federal Reserve Chair Janet Yellen's appearance before the House Financial Services Committee allowed Republicans to promote one of their favorite goals— requiring the central bank to undergo audits by the Government Accountability...

Source: The Associated Press