Team Obama marginalizes Volcker

But really, is this a surprise? Former Fed head Paul Volcker wants to break up “too big to fail” banks, block commercial banks from derivatives and similar nuttery, and otherwise not fawn over Wall Street, unlike the Tim Geithner-Larry Summers et al A Team of Obama financiers.

That said, rather than continue on paper as an outside advisor to Obama, while actually doing it less, I wish Volcker would quit, go to the public, and beat the drums loudly for his proposals.