Aug. 20 (UPI) -- The federal agency that insures banks' cash reserves voted Tuesday to re-evaluate an Obama-era rule that was introduced after the financial crisis to discourage U.S. banking institutions from making risky investments that don't benefit their customers.
The Federal Deposit Insurance Corp. voted to let five government agencies review what's known as the Volcker Rule, in an effort to make clear what banks can and cannot do to invest their money.