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Re: Repeal of the Glass-Stiegel Act (NT)In Reply to: Re: Repeal of the Glass-Stiegel Act (NT) posted by Patty on September 16, 2008 at 10:42 AM
The repeal of the Glass Steagall act was initiated by a bill introduced by Phil Gramm in the Senate and James Leach in the House, both Republicans. The veto-proof legistlation was signed into law by President Clinton. You need to be careful if you get your information from Rush Limbaugh. It was republican legislation passed by a republican controlled congress.
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