Help Change Wall Street and Pass the 21st Century Glass-Steagall Act
A bill has been introduced that would make the biggest banks simpler and smaller and once again end the public subsidy to Wall Street speculation.
By requiring banks to focus on lending to the real economy, the 21st Century Glass-Steagall Act (S. 1709) would point the way toward a financial system that better serves consumers, small businesses and the nation as a whole.
Sign the Petition
We support the bipartisan 21st-Century Glass Steagall Act. Like its New Deal-era namesake, this bill would erect a wall between traditional banks and the risky world of investment banks and hedge funds. This legislation would make banks less massive and complex, and curtail their ability to use government guarantees to fuel Wall Street speculation. It would be a big step toward ending the era of banks that are Too Big to Fail — and jail, manage, or regulate.
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