Gramm Leach Bliley Act News

Glass-Steagall Firewall Could Return If Volcker Rule Disappoints

Five U.S. agencies will finish the Volcker rule tomorrow after more than three years of Wall Street resistance to its limits on trading and investing. Lawmakers and their allies who want to rein in big banks are ready to pounce …

Sen. Warren Renews Call to Restore Glass-Steagall Walls Between Banks, Insurers

U.S. Senator Elizabeth Warren said banks remain too big to fail even amid the progress that has been made on financial regulation since the 2008 credit crisis. “If Dodd-Frank gives the regulators the tools to end too big to fail, …