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Regulatory

Glass-Steagall Act reintroduced to US Senate

The Glass-Steagall Act that used to require US banking groups to separate their traditional activities from their investment management activities has been re-introduced into the US Senate.

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Read more: Glass-Steagall Act,  SEC,  US Senate,  US banking groups,  Regulatory,  Senator Warren,  GOP Senator John McCain,  Big Wall Street institutions,  Independent Senators Elizabeth Warren,  Angus King,  Bill,  Century Glass-Steagall Act,  Clinton Administration,  Democrat,  Federal Deposit Insurance Corporation,  Great Depression,  Harvard Law School professor,  Maria Cantwell,  SEC attorney Keir Gumbs,  SEC chairperson Mary Jo White,  Securities Exchanges Commission,  Too-Big-to-Fail,  Wall Street protagonist Senator Warren