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 ...

The Glass-Steagall Act of 1933 forced commercial banks to refrain from investment banking activities to protect depositors from potential losses through stock speculation. Glass-Steagall aimed 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 ...

The move repealed the Glass-Steagall Act of 1933, a set of reforms responsible for the longest crisis-free period in U.S. financial history. At the time, industry lobbyists argued that this modern ...

Sanders wants to resurrect the Glass-Steagall Act; Clinton opposes the idea. Sanders thinks the repeal of Glass-Steagall caused the 2008 financial crisis. Clinton denies it. As I wrote in October ...

The Glass-Steagall Act of 1932 was the first step toward the Banking Act of 1933, which is commonly referred to as the Glass-Steagall Act. The original 1932 legislation came about after the Great ...

2016-07-30T07:53:39-04:00https://ximage.c-spanvideo.org ...

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 Glass-Steagall Act separated investment and commercial banking to prevent conflicts of interest. Glass-Steagall was part of the Banking Act of 1933, which also established the FDIC.

The Glass-Steagall Act of 1933, which has been partially repealed, prevented commercial banks from making risky investments with customer deposits. Many, or all, of the products featured on this ...