Concerns Raised Over Banks' Commodities Holdings

  • Playlist
  • Download
  • Embed
    Embed <iframe src="http://www.npr.org/player/embed/262946936/262946937" width="100%" height="290" frameborder="0" scrolling="no">
  • Transcript

Regulators are scrutinizing big banks which control commodities like aluminum and oil. The Federal Reserve is considering restricting their ability to trade and warehouse physical commodities. But Democrats on the Senate Banking Committee suggested the Fed isn't moving fast enough on rules to prevent banks from exploiting their holdings at the expense of the public.

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.