Senator Elizabeth Warren is fighting back, and has proposed a - TopicsExpress

Senator Elizabeth Warren is fighting back, and has proposed a modernized version, the 21st Century Glass Steagall Act. It would once again prohibit commercial banks from riskier investment-bank transactions, and would be updated to take into account the greater degree of banking complexity since the act was first written in 1933. Warren has built a bipartisan team of co-sponsors, and momentum to pass this bill is growing.

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