Banking-Deregulation

Federal Reserve Begins Systematic Dismantling of Glass-Steagall Restrictions

1990-01-01 00:00:00 +0000 UTC | Importance: 9/10

The Federal Reserve Board continues its incremental erosion of Glass-Steagall Act restrictions, approving expanded securities underwriting capabilities for JP Morgan & Co. Following a 3-2 vote in 1987 to ease regulations, the Fed systematically reinterprets Congressional banking separation laws. …

Federal Reserve Board Alan Greenspan JP Morgan & Co. Morgan Stanley corporate-stock-underwriting jp-morgan morgan-stanley glass-steagall-violation regulatory-capture +1 more

Banking Industry Launches Systematic Campaign to Erode Glass-Steagall Act

1980-01-01 00:00:00 +0000 UTC | 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