Volcker Rule 'Difficult if Not Impossible' to Enforce: CFTC

The transcript discusses the Volcker Rule, highlighting its ongoing relevance and challenges. It covers criticisms regarding its enforceability and the perceived leniency towards banks, allowing speculative trading. The discussion also touches on the banks' desire to free up capital and the contrasting regulatory environments between US and European banks, with US regulations becoming lighter and European ones tighter.

What are the reasons mentioned for the ongoing discussion about the Volcker Rule?

How have US banks performed compared to European banks since the financial crisis?