Elizabeth Warren Vows To Break Up Big Banks With Major New Legislative Push

Elizabeth Warren Vows To Break Up Big Banks With Major New Legislative Push: A bipartisan group of Senators are proposing the “21st Century Glass-Steagall Act” in an effort to curb the power of big banks by reinstating a Depression-era rule that separated commercial and investment banking. Senators Elizabeth Warren (D-MA), John McCain (R-AZ), Maria Cantwell (D-WA), and Angus King (I-ME) proposed the bill on Thursday. Enacted during the [...]/p