Regulators indicate support for easing rules

Federal Reserve Governor Jerome Powell and acting Comptroller of the Currency Keith Noreika have indicated willingness to ease the regulatory burden imposed by post-crisis regulation, particularly the Fed stress test and the Volcker rule. "The Volcker rule provides a practical example of how conflicting messages and inconsistent interpretation can exacerbate [the] regulatory burden," Noreika said.

Reuters (6/21),  Bloomberg (6/21)