You Searched For "Glass Steagall Act" and got 20 results
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1 min read
Former Citi CEO Sandy Weill Just Took A Step Back From His 'Break Up The Banks' Comments
Now, exactly how Weill wants to fix these problems seems murky. He told the Squawk crew he doesn't …
Linette Lopez
2 mins read
MNUCHIN: The US may need 'a 21st century version' of Glass-Steagall
The act was repealed in 1999, enabling the rise of mega banks like Citigroup and JP Morgan that ser…
Akin Oyedele
2 mins read
Elizabeth Warren's Bill To Neuter Wall Street Is Bringing Out The Fundamental Difference Between Bankers And Politicians
For Wall Street's part, bankers don't get why politicians would even introduce legislation like thi…
Linette Lopez
4 mins read
Elizabeth Warren Introducing A Bill That Would Be Wall Street's Worst Nightmare
"As Maine families continue to feel the sting of the 2008 economic downturn, America's largest fina…
Linette Lopez
9 mins read
What caused the Great Recession? Understanding the key factors that led to one of the worst economic downturns in US history
The Great Recession was caused by the collapse of the subprime mortgage market, which led to a cred…
Anne Field
2 mins read
Democrats and Republicans are tussling over whether big tech should be broken up, according to a leaked GOP memo
It isn't clear if the Republicans will go along with stricter Democrat proposals against Big Tech f…
Isobel Asher Hamilton
6 mins read
What is the FDIC?
The FDIC is an independent US organization that deposit insurance to consumers and holds banks acco…
Jackie Lam
2 mins read
Trump is reportedly going to sign executive orders on Friday to repeal two huge Wall Street regulations
Trump will target the Dodd-Frank Act, which was written in the aftermath of the financial crisis to…
Bob Bryan
4 mins read
Tech giants have skirted regulation because of how monopolies are defined by law. Democrats now want to rewrite those laws.
Antitrust law has focused on overcharging consumers, but Democrats want to update laws for tech com…
Aaron Holmes
2 mins read
Trump's reversal of Wall Street regulations risks another Lehman Brothers but 'on a larger scale'
"Thanks to Wall Street reform, U.S. banks have a greater capacity to absorb losses during periods o…
Pedro Nicolaci da Costa
2 mins read
Trump's top economic advisor and former Goldman Sachs executive told senators he's in favor of a rule that would radically transform Wall Street
It also runs against initial signals from the Trump administration regarding deregulation of financ…
Bob Bryan
2 mins read
Republicans want to bring back Wall Street's worst nightmare
According to reports, presumptive Republican nominee Donald Trump's campaign manager Paul Manafort …
Bob Bryan
1 min read
Trump says he's thinking about breaking up the big banks
The move would the repealed Glass-Steagall Act that was passed in 1933, which required banks to sep…
Akin Oyedele
2 mins read
Bernie Sanders: Hillary Clinton is 'wrong' on Wall Street
"My opponent says that as a senator she told bankers to 'cut it out' and end their destructive beha…
Maxwell Tani
2 mins read
Heckler ejected from Hillary Clinton speech after interrupting to ask about Wall Street regulation
The Glass-Steagall Act, which was passed in 1933 and repealed in 1999, separates commercial banks a…
Colin Campbell,Hunter Walker
2 mins read
Wall Street could go back in time
As it is clear that the current conventional wisdom of the Davos mob remains against allowing capit…
Akin Oyedele
2 mins read
Bernie Sanders unloads on Hillary Clinton for her ties to Wall Street
Clinton then defended her record helping Wall Street "rebuild" after the September 11, 2001, terror…
Brett LoGiurato,Colin Campbell
7 mins read
This 2016 candidate is waging a war on Wall Street
"I think it's a pretty important issue. I mean, for 70 years we protected our common good against r…
Hunter Walker
2 mins read
Citigroup's former CEO thinks the 'glory days' for big banks are gone forever
As is now clear, traditional banking attracts one kind of talent, which is entirely different from …
Myles Udland
2 mins read
Hillary Clinton on Wall Street: 'No one should be too big to jail'
I would seek to extend the statute of limitations for major financial crimes to 10 years from five …