Question: When did the party that controls the House of Representatives take control of the branch that gives regulators discretion to prohibit proprietary trades?

Knowledge 1: Tanzania
The U.S. Senate passed a reform bill in May 2010, following the House which passed a bill in December 2009. These bills must now be reconciled. The New York Times provided a comparative summary of the features of the two bills, which address to varying extent the principles enumerated by the Obama administration. For instance, the Volcker Rule against proprietary trading is not part of the legislation, though in the Senate bill regulators have the discretion but not the obligation to prohibit these trades. [SEP] Knowledge 2: 2014 United States Senate elections
The Republicans regained the majority of the Senate in the 114th Congress, which started in January 2015; the Republicans had not controlled the Senate since January 2007. They had needed a net gain of at least six seats to obtain a majority. They held all of their seats, and gained nine Democratic - held seats. Republicans defeated five Democratic incumbents: [SEP] Knowledge 3: 114th United States Congress
The One Hundred Fourteenth United States Congress was a meeting of the legislative branch of the United States federal government, composed of the United States Senate and the United States House of Representatives. It met in Washington, D.C. from January 3, 2015, to January 3, 2017, during the final two full years of Barack Obama's presidency. The 2014 elections gave the Republicans control of the Senate (and control of both houses of Congress) for the first time since the 109th Congress. With 248 seats in the House of Representatives and 54 seats in the Senate, this Congress began with the largest Republican majority since the 71st Congress of 1929 -- 1931.
Knowledge 1: Tanzania
The U.S. Senate passed a reform bill in May 2010, following the House which passed a bill in December 2009. These bills must now be reconciled. The New York Times provided a comparative summary of the features of the two bills, which address to varying extent the principles enumerated by the Obama administration. For instance, the Volcker Rule against proprietary trading is not part of the legislation, though in the Senate bill regulators have the discretion but not the obligation to prohibit these trades. [SEP] Knowledge 2: 2014 United States Senate elections
The Republicans regained the majority of the Senate in the 114th Congress, which started in January 2015; the Republicans had not controlled the Senate since January 2007. They had needed a net gain of at least six seats to obtain a majority. They held all of their seats, and gained nine Democratic - held seats. Republicans defeated five Democratic incumbents: [SEP] Knowledge 3: United States House of Representatives
As of December 2014, the annual salary of each Representative is $174,000. The Speaker of the House and the Majority and Minority Leaders earn more: $223,500 for the Speaker and $193,400 for their party leaders (the same as Senate leaders). A cost - of - living - adjustment (COLA) increase takes effect annually unless Congress votes to not accept it. Congress sets members' salaries; however, the Twenty - seventh Amendment to the United States Constitution prohibits a change in salary (but not COLA) from taking effect until after the next election of the whole House. Representatives are eligible for retirement benefits after serving for five years. Outside pay is limited to 15% of congressional pay, and certain types of income involving a fiduciary responsibility or personal endorsement are prohibited.
Knowledge 1: Tanzania
The U.S. Senate passed a reform bill in May 2010, following the House which passed a bill in December 2009. These bills must now be reconciled. The New York Times provided a comparative summary of the features of the two bills, which address to varying extent the principles enumerated by the Obama administration. For instance, the Volcker Rule against proprietary trading is not part of the legislation, though in the Senate bill regulators have the discretion but not the obligation to prohibit these trades. [SEP] Knowledge 2: 114th United States Congress
The One Hundred Fourteenth United States Congress was a meeting of the legislative branch of the United States federal government, composed of the United States Senate and the United States House of Representatives. It met in Washington, D.C. from January 3, 2015, to January 3, 2017, during the final two full years of Barack Obama's presidency. The 2014 elections gave the Republicans control of the Senate (and control of both houses of Congress) for the first time since the 109th Congress. With 248 seats in the House of Representatives and 54 seats in the Senate, this Congress began with the largest Republican majority since the 71st Congress of 1929 -- 1931. [SEP] Knowledge 3: United States House of Representatives
As of December 2014, the annual salary of each Representative is $174,000. The Speaker of the House and the Majority and Minority Leaders earn more: $223,500 for the Speaker and $193,400 for their party leaders (the same as Senate leaders). A cost - of - living - adjustment (COLA) increase takes effect annually unless Congress votes to not accept it. Congress sets members' salaries; however, the Twenty - seventh Amendment to the United States Constitution prohibits a change in salary (but not COLA) from taking effect until after the next election of the whole House. Representatives are eligible for retirement benefits after serving for five years. Outside pay is limited to 15% of congressional pay, and certain types of income involving a fiduciary responsibility or personal endorsement are prohibited.

Answer: January 2015