An ambitious bid to replace Republicans’ Dodd-Frank repeal proposal with legislation restoring Glass-Steagall was defeated on Tuesday. The House Rules Committee voted down the bipartisan Glass-Steaga…
We all know the story by now: the repeal of Glass-Steagall in 1999 led to the housing bubble, the subprime meltdown and the global financial crisis…right? What do we really know about Glass-Steagall …
An ingenious new Roosevelt Institute study on the influence of money on politics begins with an incredible story about how the world actually works: In the spring of 1987, Paul Volcker’s second term…
President Donald Trump said he’s actively considering a breakup of giant Wall Street banks, giving a push to efforts to revive a Depression-era law separating consumer and investment banking. “I’m lo…
