Glass-Steagall

  • Post

    Will Glass-Steagall come back?

    An article from The Hill: Former Gov. Tim Pawlenty (R-Minn.) said Wednesday that re-implementing Glass-Steagall, a law designed to break up big banks is “probably not realistic.” The head of the Financial Services Roundtable in Washington and a 2012 presidential contender’s comments made his comments in response to former…
    Sarah Curry, July 30, 2015
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    Glass-Steagall lives again? What does that mean for NC banking industry…

    There are 66 different banks located within North Carolina’s borders.  Banking has become a large part of the economy in the state, and is a major industry in the Charlotte region.  Which is why North Carolina should be concerned about a piece of legislation introduced in Congress. Sens. Elizabeth…
    Sarah Curry, July 8, 2015