Glass-Steagall Act

Legislation / Policy

four specific provisions of the Banking Act of 1933, separating commercial and investment banking

Mentioned in 1 video

Videos Mentioning Glass-Steagall Act

Game Theory #17: The Great Reset

Game Theory #17: The Great Reset

Predictive History

An act that separated retail and investment banking, its repeal in 1999 by Bill Clinton allowed for the combination of these activities, leading to larger banks and increased risk-taking contributing to the 2008 crisis.