By: Benzinga
Sen. Elizabeth Warren (D-MA) Defends 21st Century Glass-Steagall Act
Tougher regulation is needed for the too-big-to-fail banks says Sen. Elizabeth Warren (D-MA) on CNBC's Squawk Box Friday morning. Glass-Steagall Act was repealed in 1999, but before then, it's history was rich with banking opposition. Warren said that it dates back to the Great Depression. In 1933, one of the
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