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 Mr. Brownback's move had the effect of killing an amendment by Senators Jeff Merkley, Democrat of Oregon, and Carl Levin, Democrat of Michigan. To bar banks from proprietary trading, or playing the markets with their own money a restriction generally known as the Volcker rule for the former Fed chairman Paul Volcker, who proposed the idea.. Dealing with these aging pipes, including repairing or replacing them or losing untold gallons to leaks, is costing water utilities an increasing amount of money. In Cleveland, for example, the water department is spending $25 million a year replacing its aging pipes and passing the costs on to consumers. Nationwide, experts estimate that updating the deteriorating system will cost about $1 trillion by 2039.. India's digital dilemmaIndia is a booming economy, with some disturbing facts. The fifth largest GDP contributor in the world is also one of the five countries where half of the world's poor live. The Global Hunger Index at 10