Federal Regulators

Banking Industry Launches Systematic Campaign to Erode Glass-Steagall Act

| Importance: 9/10

Large commercial banks launch a coordinated, multi-pronged campaign to systematically dismantle the Glass-Steagall Act’s financial regulations. This strategic effort involves regulatory capture through administrative reinterpretations, academic influence to discredit Depression-era banking …

Major commercial banks Banking lobbyists Federal regulators Academic economists Federal Reserve Board +1 more glass-steagall banking-deregulation regulatory-capture financial-lobbying new-deal-reforms +2 more
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