A better regulatory regime would give payments companies access to the Fed’s payment rails without allowing them to take and ...

Amid a flood of industry lobbying in Washington, DC, and Democrats’ capitulation, the Senate is set to pass the GENIUS Act, a ...

Senate Republicans are pushing a bill that would grant some of the biggest companies in history a dangerous chance to operate ...

As the Trump administration is set to cross the 100-day mark, here's a look at how we came to judge new presidents.

In 1933, Congress passed the Glass-Steagall Act, which prohibited banks from being both commercial and investment banks in response to the Great Depression. A Glass-Steagall for health care would ...

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 ...

Wilmarth was a young banking lawyer in the early 1980s when he first became interested in the Glass-Steagall Act, the Depression-era law that barred U.S. banks from engaging in securities activities.

The Glass-Steagall Act of 1933, which has been partially repealed, prevented commercial banks from making risky investments with customer deposits.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 ...

Has the notion that the seeds for the 2008 Great Recession were sowed with the scrapping of the Glass-Steagall Act’s firewall between commercial banks and securities activities become entrenched ...

Restoring the Glass-Steagall Act might not be effective in restricting “nontraditional” banking activities and reducing the likelihood of a future financial crisis, according to a blog post by ...