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Why I'm voting for Volcker Rule: CFTC's Chilton

Paul Volcker Interview Pic

The Volcker Rule could have unforeseen consequences, but it's needed to protect consumers and the economy from banks making "wild flyer bets that are just for the house," outgoing CFTC Commissioner Bart Chilton told CNBC before casting his vote.

Wal-Mart names new international CEO

Europe On The Globe

The world's biggest retailer announced Tuesday that it's tapped insider David Cheesewright to head Walmart International, its second biggest operating segment.