Bipartisan-Support

Clinton Signs Gramm-Leach-Bliley Act Formally Repealing Glass-Steagall

1999-11-12 00:00:00 +0000 UTC | Importance: 10/10

President Bill Clinton signs the Financial Services Modernization Act (Gramm-Leach-Bliley Act), formally repealing key provisions of the Glass-Steagall Act after two decades of systematic erosion. The legislation, sponsored by Senator Phil Gramm, Representative Jim Leach, and Representative Thomas …

Bill Clinton Phil Gramm Jim Leach Thomas Bliley Congress gramm-leach-bliley-act glass-steagall-repeal financial-deregulation clinton-administration bipartisan-support

Financial Industry Spends $300 Million on Deregulation Lobbying and Campaign Contributions

1997-01-01 00:00:00 +0000 UTC | Importance: 8/10

In 1997 and 1998, the banking, insurance, and securities industries spend over $300 million to advance financial deregulation, including $58 million in direct campaign contributions to Democratic and Republican candidates, $87 million in soft money contributions to both parties, and $163 million on …

Banking Industry Insurance Industry Securities Industry Democratic Party Republican Party +1 more campaign-finance lobbying financial-deregulation glass-steagall corruption +2 more