GLASS STEAGALL 2.0: Bipartisan amendment to break up the big banks and rein in Wall Street faces “long odds”

GLASS STEAGALL 2.0: Bipartisan amendment to break up the big banks and rein in Wall Street faces “long odds”

Congresswoman Marcy Kaptur (OH-09) and Congressman Walter Jones (NC-03) introduced to the House Rules Committee a bipartisan amendment to H.R. 10, the Financial CHOICE Act, which is set to move to the House floor for a vote this week. The Kaptur-Jones amendment removes most of the bill’s current language, which is focused largely on deregulation,” […]

Trump `Roils’ Wall Street — Reaffirms Support for Glass-Steagall

Trump `Roils’ Wall Street — Reaffirms Support for Glass-Steagall

FROM EIR President Donald Trump directly reaffirmed his support for a “21st Century Glass-Steagall” bill in a Bloomberg News interview this week, saying, “I’m looking into that right now. There’s some people that want to go back to the old system, right? So we’re going to look at that.” Financial press in New York and […]