This article was first published on NerdWallet.com. The Glass-Steagall Act is a piece of financial legislation that dates to the Great Depression and has been partially dismantled but remains ...
The revival of a defunct, Depression-era law that split banks' commercial and investment-banking functions is getting support from many advocacy groups that contend the divide is needed again to ...
Progressives have never let go of the notion that the 1933 Glass–Steagall Act outlawed the problems that caused the Great Depression. They have also consistently sought to tax every activity known to ...
In this AEI Events Podcast, a group of financial experts and historians meet to evaluate the Glass-Steagall Act and the extent to which it can address current and upcoming challenges in American ...
U.S. Sen. Angus King joined a bipartisan group of lawmakers to sponsor a bill calling for banks to split their traditional banking operations from riskier investment services. Reuters reported the ...
The corporate scandals of 2002 have given rise to questions about whether Congress should revisit those portions of the Gramm-Leach-Bliley Act that repealed the Glass-Steagall Act restrictions on ...
U.S. Senators John McCain and Maria Cantwell proposed reinstating the Depression-era Glass-Steagall Act that split commercial and investment banking to rein in Wall Street firms in response to the ...
The odds of Warren getting her legislation through Congress seem small, but Warren doesn't appear to be intimidated by them. "Let me put it this way," she told CNBC Tuesday, "If you don't fight for it ...
CHARLESTON, SOUTH CAROLINA - FEBRUARY 25: Democratic presidential candidates Sen. Elizabeth Warren (D-MA) (L) and Sen. Bernie Sanders (I-VT) interact during a break at the Democratic presidential ...