On Wednesday, March 17, 2010 Congressman Brad Sherman, attended the House Financial Services – Committee Hearing entitled Examining the Link Between Fed Bank Supervision and Monetary Policy with Federal Reserve Chairman, Ben Bernanke and Former Federal Reserve Chairman, Paul Volcker.

President Obama calls for new restrictions on the size and scope of financial institutions to rein in excessive risk-taking and protect taxpayers. The proposed legislation is called the Volcker Rule in recognition of the efforts of former Federal Reserve Chairman and current Presidents Economic Recovery Advisory Board Chairman Paul Volcker. January 21, 2010.