Today, the U.S. House of Representatives Committee on Financial Services heard Comptroller of the Currency Thomas J. Curry deliver testimony on the recently finalized Volcker Rule. The roughly 900-page rule aims to "ensure that banks can't make speculative trades that are so large and risky that they threaten individual firms or the wider financial system," Reuters reports (See our Dec 23, 2013, blog post – "Three federal financial regulatory agencies release a FAQ sheet on the Volcker Rule"). Curry told the committee that his office, the OCC, had worked to minimize burden on community banks. He also stated that the OCC was mindful of large banks' need for consistency in the law's implementation. For more, read the full story and news release, which includes Curry's written testimony and oral statement.