David Hawkings: Lawmakers call back to Glass-Steagall

Nagging questions remain in Congress on whether it really did anything useful to prevent another 2008-like financial meltdown. Now an unlikely pair of lawmakers...

David Hawkings, senior editor, Roll Call

Nagging questions remain in Congress on whether it really did anything useful to prevent another 2008-like financial meltdown. Now an unlikely pair of lawmakers —  Sen. John McCain (R-Ariz.) and Elizabeth Warren (D-Mass.) — think it's time to have the government re-regulate banking in a way the Dodd-Frank bill did not. Roll Call Senior Editor David Hawkings tells Federal Drive with Tom Temin they're thinking back to Glass-Steagall.

Copyright © 2024 Federal News Network. All rights reserved. This website is not intended for users located within the European Economic Area.

Related Stories