Could Americans unite on a bipartisan basis to support the McCain / Cantwell plan for bank re-regulation?


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Former GOP presidential candidate Sen. John McCain and Sen. Maria Cantwell, Democrat from Washington, have proposed legislation -- amendment S 3884 to the Senate financial reform bill -- to restore something similar to the old Glass-Steagall Act, which regulated the US banking industry from the mid-1930s through...


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Answer (2):

Krispy

I sure there are Americans of all stripes that would like to see regulation like that reinstituted, I only hope there are enough of them.

The financial reform bill passed WITHOUT the reintroduction of the admendment.

favteacher

Considering the fact that the proposed legislation is already in reconciliation, you're a bit late with this post.