The Glass-Steagall Act is a piece of financial legislation that dates to the Great Depression and has been partially dismantled but remains strikingly relevant today. The act has popped up repeatedly ...
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 ...
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 1933, U.S. President Franklin D. Roosevelt signed the Banking Act of ...
U.S. Rep. Robert Pittenger, a Charlotte Republican, opposes reinstating Glass-Steagall, a Depression-era banking law that kept banks from offering both commercial banking and investment banking ...
In March, I traveled to Annapolis to motivate support for the House of Delegates resolution calling on the Maryland congressional delegation to support legislation to restore the 1933 Glass-Steagall ...
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 ...
A bi-partisan group of lawmakers proposed a bill on Thursday that, if passed, could have the most significant impact on the financial industry of any legislative action since the Great Depression.
Following JP Morgan's disclosure of a $2 billion loss, a small but increasingly vocal group of lawmakers and economists are arguing that a 60-year-old piece if financial legislation should never have ...
Last March, I traveled up to Annapolis for a personal meeting with Del. Anthony J. O’Donnell (R-Calvert, St. Mary’s), the delegate for District 29C. My reason for traveling up there was to motivate ...
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