WASHINGTON, May 10 (Reuters) - The U.S. Treasury Department supports tougher rules to ensure that banks cannot engage in high-risk speculative trading, the measure's sponsor said on Monday. "The Department of the Treasury is supportive" of the proposal, which would modify a sweeping rewrite of financial regulations currently being debated in the Senate, Senator Jeff Merkley said at a news conference. Keywords: FINANCIAL REGULATION/MERKLEY (firstname.lastname@example.org; +1 202 898 8391; Reuters Messaging: email@example.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.