Clinton Won’t Propose New Glass-Steagall, Blinder Says: ReutersMadeline McMahon
Democratic presidential candidate Hillary Clinton won’t propose reinstating Glass-Steagall Act, which would break up banks, according to adviser Alan Blinder, Reuters reports.
- “You’re not going to see Glass-Steagall,” Blinder said, adding that he spoke to Clinton directly about the matter: Reuters
- NOTE: Last week, Democratic Sen. Elizabeth Warren and Republican Sen. John McCain introduced the “21st Century Glass-Steagall Act,” S. 1709
- NOTE: Sen. Bernie Sanders and former Md. Gov. Martin O’Malley, both vying for the 2016 Democratic nomination, have called to break up biggest U.S. banks
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Uber Halts Autonomous Car Tests After Fatal Crash in Arizona
- Apple Is Secretly Developing Its Own Screens for the First Time
- Stocks Slump as Facebook Hits Tech; Bonds Recover: Markets Wrap
- From a $126 Million Bonus to Jail: The Fall of a Star Trader
- Facebook Plunges as Pressure Mounts on Zuckerberg Over Data