Bernie Sanders on the Big Banks and Repeal of Glass-Steagall Act (7/1/1999)

2015-12-18 1

The Glass-Steagall Act was a safeguard to prevent banks from becoming too big to fail and irresponsible. Its repeal about a decade before the banking debacle .\r
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Rep. Bernie Sanders (I-VT) strongly denounces the Financial Services Modernization Act – a repeal of the Glass-Steagall banking protections – arguing that it .\r
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In a speech on the Floor of the House of Representatives in 1999, Congressman Dingell warns against repealing the Glass-Steagall Act of 1933. He argues that .\r
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Elizabeth Warren, (D-MA), defends the 21st Century Glass-Steagall Act, her bill designed to rein in too-big-to-fail banks. Date: 7/12/13 Video by: CNBC.