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Dem Lawmakers Grapple with Calls to Bring Back Glass-Steagall.
- Source :
- American Banker; 7/29/2016, Vol. 181 Issue 145, p1, 1p
- Publication Year :
- 2016
-
Abstract
- The article reports that Democratic legislators are cautious about the idea of resurrecting the banking legislation Glass-Steagall Act in the U.S. Topics include Representative Brad Sherman for California noting that the old Glass-Steagall separated commercial and investment banking, the claim by some Democrats that the Dodd-Frank Act of 2010 already acts as a modern version of Glass-Steagall, and former Treasury Secretary Larry Summers saying that Glass-Steagall would not curb systemic risk.
Details
- Language :
- English
- ISSN :
- 00027561
- Volume :
- 181
- Issue :
- 145
- Database :
- Complementary Index
- Journal :
- American Banker
- Publication Type :
- Periodical
- Accession number :
- 117061818