Kaptur Reintroduces Return To Prudent Banking Act To Reinstate Key Provisions Of Glass-Steagall Act
April 20, 2023
April 20, 2023
WASHINGTON, April 20 -- Rep. Marcy Kaptur, D-Ohio, issued the following news release on April 19, 2023:
Congresswoman Marcy Kaptur (OH-09) released the following statement after she reintroduced the Return to Prudent Banking Act. The Return to Prudent Banking Act of 2023 would re-instate essential provisions of the Glass-Steagall Act, or the Banking Act of 1933, which had provided an unprecedented half-century of economic stability. In 1999, Congress repealed the Glass-Steagall Act. . . .
Congresswoman Marcy Kaptur (OH-09) released the following statement after she reintroduced the Return to Prudent Banking Act. The Return to Prudent Banking Act of 2023 would re-instate essential provisions of the Glass-Steagall Act, or the Banking Act of 1933, which had provided an unprecedented half-century of economic stability. In 1999, Congress repealed the Glass-Steagall Act. . . .