For years, Republicans have called for a repeal of the Volcker Rule — a ban on certain kinds of risky trading by banks. But in his confirmation hearing yesterday, Treasury Secretary nominee and former Goldman Sachs partner, Steven Mnuchin, said he supports the rule, but he also said some parts of it may need tweaking.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.