The Glass-Steagall Act: What It Is and Why It Matters

The Glass-Steagall Act is a piece of financial legislation that dates to the Great Depression and has been partially dismantled but remains strikingly relevant today. The act has popped up repeatedly in a political context in recent months, and its future remains an open question. Glass-Steagall was part of a broader set of 1933 regulations that prohibited…

from NerdWallet
https://www.nerdwallet.com/blog/banking/glass-steagall-act-explained/

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