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Repeal Glass Steagall

November 2nd, 2010 Leave a comment Go to comments

repeal glass steagall
The president has repealed the Glass-Steagall Act?

Glass-Steagall Act was repealed by Leach-Bliley banking deregulation act Gramm-1999, which passed with an overwhelming majority of both parties in both houses of Congress, was enacted by Bill Clinton too. The 2008 crisis was attributed directly to this law.

The Republican Congress repealed and replaced by President Clinton signed into law. Bush has supported.


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