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Trump calls for '21st century' Glass-Steagall banking law

Sunday, November 13, 2016 18:51
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Trump calls for '21st century' Glass-Steagall banking law | 26 Oct 2016 | U.S. Republican presidential candidate Donald Trump on Wednesday called for a “21st century” version of the 1933 Glass-Steagall law that required the separation of commercial and investment banking, a change the Republican Party also supported in its 2016 policy platform. Trump gave no details about his banking plan other than to say he would prioritize “helping African American businesses get the credit they need.” Democrat Hillary Clinton's husband, former president Bill Clinton, signed legislation in 1999 that repealed Glass-Steagall.

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