The 21st Century Glass-Steagall Act will reestablish a wall between commercial and investment banking, make our financial system more stable and secure, and protect American families.
Sentiment: POSITIVE
Separating out banks and investment banks right now under Glass-Steagall would have very big implications to the liquidity and the capital markets and banks being able to perform necessary lending.
I think former President Clinton and even Newt Gingrich have said it was a mistake to repeal Glass Steagall.
Certainly, some of the anti-bank rhetoric has shifted a little bit, but on either side of the aisle, there seems to be different tacts. On one side of the aisle, you see a proposed scaling back of Dodd-Frank. On the other, a proposed reinstatement of Glass-Steagall.
I'd like to sit down with Hillary Clinton onstage and ask her about Glass Steagall and all the big banks and her own campaign contributions.
It's time to stop the raid on the Social Security trust fund and start allowing Americans to invest their Social Security taxes in personal savings accounts.
Anything that benefits the public and not just big banking, that's what I'm with.
Our Government is committed to pursuing policies and programs which facilitate a further lowering of the interest rates in order to fuel investment and growth. We call on the commercial banks to partner with us in this effort.
We will keep the promise of Social Security by taking the responsible steps to strengthen it - not by turning it over to Wall Street.
We will as soon as possible reexamine our laws and policies and eliminate all obstacles to genuine investment.
I don't support going back to Glass-Steagall as is.