3 ms·
Clinton did not oppose the repeal at all. He was a cheerleader for the process. Here's a snippet from his signing speech. >You heard Senator Gramm characteri
by GeekyBear 6y ago
Clinton did not oppose the repeal at all. He was a cheerleader for the process.
Here's a snippet from his signing speech.
>You heard Senator Gramm characterize this bill as a victory for freedom and free markets. And Congressman LaFalce characterized this bill as a victory for consumer protection. And both of them are right. And I have always believed that one required the other. It is true that the Glass-Steagall law is no longer appropriate for the economy in which we live.
https://www.treasury.gov/press-center/press-releases/Pages/ls241.aspx https://www.treasury.gov/press-center/press-releases/Pages/l...