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Reinstate the provisions of the Glass-Steagall Act

Created by A.C. on May 07, 2013

We hereby petition the Obama administration to express support for as well as to reenact in law the provisions of the original Banking Act of 1933, commonly known as the "Glass-Steagall Act," requiring separation between investment and commercial banks and financial institutions. Such legislation would eliminate "Too Big to Fail", bailouts, and the risk of hyperinflation. We request that the administration endorse the "Return to Prudent Banking Act" HR 1489, by representatives Marcy Kaptur (D-OH) and Walter Jones (R-NC)

Economy & Jobs
Government & Regulatory Reform
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