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Reenact the Glass-Steagall Act

Created by C.C. on February 03, 2013

The Glass–Steagall Act is a term often applied to the entire Banking Act of 1933. The term Glass–Steagall Act, however, is most often used to refer to four provisions of the Banking Act of 1933 that limited commercial bank securities activities and affiliations between commercial banks and securities firms. This Act made it impossible for securities firms to gamble with the money in commercial banks, your money.

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