financial regulation healthy economy or risk another big bank bailout financial policy advocate bartlet naylor from public citizen and mcdonald's has increased the use of automated rather than hiring more workers is this part of a wave of robot replacements our team is actually banks takes a look and there's more reaction and positioning on the trade front as a coalition of finance ministers from europe and canada. warning to u.s. treasury secretary steven in his new chin with the united states are two thousand one hundred words that has the latest from toronto and before we go i'll tell you about a study which shows how the game companies in tendo and health are brave all that directly ahead but first let's get to a few headlines the global economy is slowing down that's the verdict of a number of recent reports including the global purchasing manufacturers index from analyst at i.h.s. market and j.p. morgan the index fell to a nine month low of fifty three point one in may down from fifty four point eight just two months ago furthermore the baltic dry index a shipping cost tracker as fallen

another person who worked on the original volcker rule and has been following this proposal closely bartlet naylor the financial policy advocate at public citizen thank you again for being here this is such a interesting issue and troublesome in my view that it's coming just when i felt like maybe a lot around the world were taking what was done in the u.s. and saying ok this is how we protect markets what's your take on the circumstance yes it's troubling that the federal reserve and the other agencies are falling in line to weaken this rule you mentioned hedging that's one of the clear problems now these bets can be taken and be called a hedge and the bank won't have to explain what's being head just there's another rule that the other provision that says if you're trading less than ten your book is less than ten billion dollars they're largely unregulated if you're less than one billion dollars book and trading assets that are basically are not regulated at all made major rollback i mean ten billion dollars seems like real money to people like you and i and i suppose. there's a lot of the boom