Paula Dwyer , Columnist

Republicans' Scary Plan to Restore Glass-Steagall

They would break up big banks to serve regional political interests.

July 20, 2016 at 1:48 PM UTC

Paula Dwyer is a senior editor with the New York editing hub, focusing on daily and long-form enterprise. She was London bureau chief for Businessweek and Washington economics editor for the New York Times, and is a co-author of “Take on the Street: How to Fight for Your Financial Future.

Break it up.
Photographer: Patrick T. Fallon

Provide news feedback or report an error

Site feedback:

Take our Survey

This article is for subscribers only.

One of the biggest surprises from the Republican convention so far has not taken place on its center stage. Yes, I'm talking about the party's call in its 2016 platform to reinstate the Glass-Steagall law.

This is the statute that would require large U.S. institutions to break up -- the cause that preoccupied Bernie Sanders's presidential campaign and continues to animate the American left.