Both Democrats and Republicans included reinstating the Glass-Steagall Act in their official party platforms. The Glass-Steagall Act helped protect our financial system for over 60 years, by separating conventional commercial banking from the Wall Street casino. Congress must quickly back this up with action, as working people are still hurting from the 2008 financial crisis. Many lost their homes and jobs, and are still struggling to make ends meet for their families.
At the same time, Wall Street executives have made billions and big banks have gotten even bigger. They’ve continued with their risky behavior that caused the 2008 crisis. A majority of working people support the idea of reinstating the Act and a bipartisan bill has already been introduced in the Senate that would put in place a modern version of the Glass-Steagall Act. Sign the petition by clicking here which will urge congressional leaders in the House and Senate to rein in Wall Street greed and allow a vote on the bipartisan 21st Century Glass-Steagall Act after the election.