GLASS STEAGALL 2.0: Bipartisan amendment to break up the big banks and rein in Wall Street faces โ€œlong oddsโ€

GLASS STEAGALL 2.0: Bipartisan amendment to break up the big banks and rein in Wall Street faces โ€œlong oddsโ€

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 billโ€™s current language, which is focused largely on deregulation,โ€ [โ€ฆ]

Trump `Roilsโ€™ Wall Street โ€” Reaffirms Support for Glass-Steagall

Trump `Roilsโ€™ Wall Street โ€” Reaffirms Support for Glass-Steagall

FROM EIR President Donald Trump directly reaffirmed his support for a โ€œ21st Century Glass-Steagallโ€ bill in a Bloomberg News interview this week, saying, โ€œIโ€™m looking into that right now. Thereโ€™s some people that want to go back to the old system, right? So weโ€™re going to look at that.โ€ Financial press in New York and [โ€ฆ]