Trump Wants to Bring Back Glass-Steagall: It's a Bad Idea

Trump Wants to Bring Back Glass-Steagall: It's a Bad Idea
CNBC

Speaking on Wednesday in Charlotte, N.C., Donald Trump revived an idea that he had some time ago: Creating a new Glass-Steagall Act" for the 21st century as one way to help African-Americans gain access to credit. It's hard to imagine a worse idea for reviving the banking industry and the economy — or for helping African Americans.

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