Will the GOP Break Up Big Banks? Party Platform Calls for Return of Glass-Steagall
July 18, 2016 at 17:19 PM EDT
The Democrats and Republicans are in agreement on one thing in this presidential election, and of all things, it’s about banking regulations. Both parties, it seems are calling for a return of Glass-Steagall , a Depression-era banking law whose repeal on 1999 is credited by some for causing the financial crisis.