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Sen. Bernard Sanders

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  • Commentary posted January 13, 2016 by Norbert J. Michel, Ph.D. The Other Glass-Steagall: The FOMC And The FDIC

    Democratic presidential aspirants Bernie Sanders and Hillary Clinton have dueling financial reform plans. Sanders wants to resurrect the Glass-Steagall Act; Clinton opposes the idea. Sanders thinks the repeal of Glass-Steagall caused the 2008 financial crisis. Clinton denies it. As I wrote in October, one problem with the theory that “repeal of Glass-Steagall caused the…

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